CA, CS, CMA : Explore the latest developments as the Comptroller and Auditor General of India adopts an end-to-end digital framework, delving in...
CA, CS, CMA : भारतीय सीए संस्थान ने २ नवंबर २०२२ को वर्ष २०२१-२२...
CA, CS, CMA : A CA firm who applied for empanelment with CAG for Financial Year 2012-13 can check the status of his Empanelment & Audit work all...
Goods and Services Tax : CAG is one of the pivotal offices in the Government of India who controls the entire financial system of the country. The appointm...
Goods and Services Tax : In this series, one of the important areas covered is CAG Reports. There is a general tendency to look at CAG Report as an additio...
Income Tax : The audit found widespread incorrect claims of deductions for bad debts and reserves. It highlights the need for stricter verifica...
CA, CS, CMA : The Comptroller and Auditor General of India has invited Expressions of Willingness from empaneled CA firms with minimum 15 points...
CA, CS, CMA : CAG opens 2026–27 empanelment under Sec 139(5)&(7). Online form, acknowledgement & hard copy by 10 March mandatory or applicati...
CA, CS, CMA : Firms facing advisories, misconduct findings, or debarment face point reductions or outright ineligibility. The policy reinforces ...
CA, CS, CMA : The draft policy proposes a detailed scoring framework to empanel CA firms and LLPs for government audits based on capacity, exper...
CA, CS, CMA : The court examined whether disciplinary findings based on impersonation and unauthorised audits could be reopened. It upheld dismi...
Goods and Services Tax : Punjab & Haryana HC stays SCN issued to Abbott Healthcare, questioning CAG's authority for private audits and procedural irregular...
Income Tax : It seems CAs are under attack from all parts of the world for good or not so good reasons. Recently CAG in its report Criticised C...
Corporate Law : The Delhi High Court has dismissed two writ petitions filed by N.Gopalaswami (Former CEC) & others and Manohar Lal Sharma, Advocat...
Finance : The Delhi High Court has delivered a judgement in the case of Association of Unified Telecom Service Providers of India Versus Uni...
Custom Duty : The audit found widespread control gaps, delayed processing, and weak automation in duty drawback administration. These deficienci...
Goods and Services Tax : The audit uncovered large-scale mismatches and non-compliance in GST filings and payments. It highlights risks from ineligible ITC...
Income Tax : A CAG audit report on direct taxes for FY 2022-23 reveals over ₹7,929 crore in tax effect from 481 observations, highlighting as...
Company Law : The CAG has issued revised directions for statutory auditors of government companies, effective May 23, 2025, covering investment ...
Income Tax : The CAG's 2024 report on direct taxes highlights tax issues, recovery, and errors in corporate and income tax assessments, with co...
We would like to inform that the last date for online submission of form with the O/o C&AG of India for getting empanelled for appointment as auditors of Government Companies/Corporati ons for the year 2010-2011 has been extended upto 18th February 2010 (05.30 PM).
The country’s apex audit body Comptroller and Auditor General of India (CAG) has called for an increase in fees paid to statutory auditors of all government companies. In a communication sent to managing directors of public sector undertakings (PSUs), the CAG said that with high inflation leading to audit cost escalation and increased compliance burden on auditors, it was “prudent’’ that the fees paid to auditors should be raised.
Aimed at encouraging research and teaching activities, the proposed 14 Innovation Universities is likely to get exemption from CAG audit, a privilege currently enjoyed by institutions like Bhaba Atomic Research Centre, Atomic Energy Commission and ISRO.
The Comptroller & Auditor General of India, country’s statutory auditor, has sought government intervention to access financial records of Cairn India-operated Rajasthan oil fields. It has not yet received records of Cairn’s Barmer oil fields (RJ-ON-90 /1) for auditing, a senior CAG official said.
Applications are invited online from the firms of Chartered Accountants who intend to be empanelled with this office for the year 2010-2011 for appointment as auditors of Government Companies/Corporations.
The nation’s accounting standard-setting body, the Institute of Chartered Accountants of India (ICAI), has changed some rules to allow both new and serving officers of the Indian Audit and Accounts Service (IA&AS) to acquire the qualification of a chartered accountant (CA).
OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA, Empanelment of Chartered Accountant firms for the year 2010-2011, Applications are invited online from the firms of Chartered Accountants who intend to be empanelled with this office for the year 2010-2011 for appointment as auditors of Government Companies/Corporations.
The nation’s premier audit body Comptroller and Auditor General (CAG) has constituted a high-level team for auditing Reliance Industries’ (RIL) expenses on eastern offshore KG D-6 fields and the exercise will begin this month. The CAG, which has been asked to do special audit of not only RIL but also Cairn India’s Rajasthan block and British energy firm BG Group- operated Panna/Mukta and Tapti fields, has constituted various teams for undertaking the audit, sources in the know said.
Empanelment status of C A Firms for conducting PSU Audit for the year 2009-10 can be viewed by visiting http://cagofindia.delhi.nic.in/caempanel/empstat-08.asp To check the empanelment status, please put name of applicant firm (at least three Characters ) or Online Acknowledgement Number or CAG’s Empanelment Number or Firm’s Station then click the submit button.
Even as the government termed the forgery of about Rs 10,000 crore in private technology services provider Satyam Computer Services as ‘an aberration’ on Thursday, a report by the Comptroller Auditor General of India points to significant irregularities in the accounts of its own companies, including NTPC, Bharat Heavy Electricals Ltd (Bhel), Mahanagar Telephone Nigam Ltd (MTNL) and […]