cag of india

Last date for online empanelment application with C&AG of India is 15th February 2010

We would like to inform that the last date for online submission of form with the office of C&AG of India for getting empanelled for appointment as auditors of Government Companies/Corporations for the year 2010-2011 is 15th February 2010. Specified documents should be submitted with the O/o C&AG of India at the following address by 10th March 2010.
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MCA decided to put implementation of early-warning system on hold due to technical problems

The Ministry of Corporate Affairs (MCA) has decided to put the early-warning system on the backburner due to technical snags.Sources close to the development said the software-based system incorporated ten financial parameters for diagnosing problems in a company which was not giving the desired results.
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CAG plans to move from cash to accrual basis accounting

THE Comptroller and Auditor General of India (CAG) plans to move from cash to accrual basis accounting in government within a five year time frame. A National Round Table Conference on Accrual Basis Accounting was held in CAG office yesterday. The Conference, convened by Government Accounting Standards Advisory Board (GASAB) of CAG of India, deliberated [...]
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