New DelhiICT initiative in Empanelment of CA Firms for Allotment of PSU Audit

The Comptroller & Auditor General (CAG) Of India as the Head of Supreme Audit Institution of India conducts the auditing of accounts of all the government organizations and companies in which government interests are involved. The government offices are audited by its field offices, spread across the country. In respect of government companies, CAG is empowered to appoint the Auditors and for this purpose, every year applications are invited from Chartered Accountant (CA) firms and a panel is maintained by the CAG for the allotment of auditors for Public Sector Undertakings (PSUs) audit for the ensuing financial year.