G Ramaswamy, vice-president of ICAI, told reporters here on Friday that ICAI has impressed on the C&AG that MGNREGA that is being implemented throughout the country through the respective state governments would be the ideal scheme to promote end use audit. This will ensure checks and balances, he opined adding that ICAI has already made representation to C&AG that MNREGS should be audited by the CAs.
If accepted, this move will help small and medium practitioners also and CAs throughout the country can monitor and end user identified properly. Ramaswamy said that the C&AG is very positive. They have collected all the information about the CAs available throughout the country. “We have given district-wise data. We are pursuing them to make it mandatory. They also have positive approach on this,” Ramaswamy added.
CAs will have to undergo training on Govt. Accounting and train their mind-set to be on Govt side. Good move to bring professionalism to Govt. Audit.