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CAG

Latest Articles


CAG Set To Explore New Audit Areas

CA, CS, CMA : Explore the latest developments as the Comptroller and Auditor General of India adopts an end-to-end digital framework, delving in...

July 1, 2023 2409 Views 0 comment Print

आडिट क्वालिटी रिपोर्ट ने खोली आडिटर्स की पोल और गिनवाई अनेक खामियां

CA, CS, CMA : भारतीय सीए संस्थान ने २ नवंबर २०२२ को वर्ष २०२१-२२...

November 7, 2022 8094 Views 1 comment Print

Know your Empanelment/ Audit Allotment Status with CAG

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...

December 17, 2020 37757 Views 1 comment Print

GST on Audit Services by CAG to Ports

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...

October 2, 2019 5955 Views 0 comment Print

How to do Follow up of CAG Report- Department Guide

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...

November 25, 2018 4956 Views 0 comment Print


Latest News


Engagement of C&AG empaneled CA Firm for Internal Audit at Indian Maritime University

CA, CS, CMA : IMU invites bids for a C&AG empaneled CA firm for internal audit. Detailed terms, submission guidelines, and payment info provided...

September 13, 2024 399 Views 0 comment Print

Online Window for Redressal of Branch Information in 2024-25 CAG Empanelment Applications

CA, CS, CMA : Learn about the ICAIs opening of an online window to update branch details for empanelment applications. Deadline: 08 July 2024....

July 5, 2024 402 Views 0 comment Print

Provisional panel of CA Firms/LLPs with C&AG for the year 2024-25

CA, CS, CMA : Provisional empanelment status of CA firms along with provisional point score for year 2024-2025 will be available on CAG website ...

May 21, 2024 13611 Views 0 comment Print

Audit Plays Catalytic Role in Promoting Efficiency and Effectiveness: CAG

CA, CS, CMA : Discover the catalytic role of audit in enhancing efficiency and effectiveness, as emphasized by the Comptroller and Auditor Gener...

March 19, 2024 237 Views 0 comment Print

CAG: Empanelment of Chartered Accountant firms/LLPs for year 2024-2025

CA, CS, CMA : Apply for Chartered Accountant firms/LLPs empanelment with CAG India for 2024-2025. Learn about the online application process, ke...

December 28, 2023 31539 Views 0 comment Print


Latest Judiciary


HC Questions CAG’s Authority to Audit Private Entities

Goods and Services Tax : Punjab & Haryana HC stays SCN issued to Abbott Healthcare, questioning CAG's authority for private audits and procedural irregular...

September 2, 2024 1056 Views 0 comment Print

Most TP Audit Report by CAs unreliable with pathetic professional work

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...

January 2, 2015 8782 Views 0 comment Print

CAG’s Appointment – Delhi High Court Judgment

Corporate Law : The Delhi High Court has dismissed two writ petitions filed by N.Gopalaswami (Former CEC) & others and Manohar Lal Sharma, Advocat...

August 13, 2014 2071 Views 0 comment Print

CAG can audit Pvt. Companies if Govt Revenue is in question

Finance : The Delhi High Court has delivered a judgement in the case of Association of Unified Telecom Service Providers of India Versus Uni...

January 7, 2014 6214 Views 0 comment Print


Latest Notifications


Regulations on Audit and Accounts (Amendments) 2020

CA, CS, CMA : (1) These Regulations may be called Regulations on Audit and Accounts (Amendments) 2020 (2) They shall come into force on the date...

August 20, 2020 10491 Views 0 comment Print

Notice for abandonment of Trademark Applications

Corporate Law : This office has taken steps to treat the applications as abandoned in which no reply to examination report containing office objec...

April 4, 2016 1252 Views 1 comment Print

CAG Circular regarding PSU audit guidelines

Finance : Whether the Company has been listed on the stock exchanges? If yes, the names of the stock exchanges may please be indicated? If s...

April 15, 2010 8776 Views 0 comment Print


Audit is a powerful & inescapable tool of good governance – Vice President

November 21, 2022 1098 Views 1 comment Print

Describing audit as a powerful and inescapable tool of good governance, Shri Dhankhar cautioned that the absence of audit or inefficient audit would lead to system degeneration. He also called for increased focus by CAG on the instances of utility certificates involving massive public funds not being imparted for long by governmental entities.

Accounting Profession Must Remain In Tune With Technological Changes & Business Models Says CAG

November 21, 2022 828 Views 0 comment Print

The accounting profession has to remain in tune with the technological changes and keep in step with the new disruptive business models of the 21st century. This was stated by the Comptroller and Auditor General of India in Mumbai today.

आडिट क्वालिटी रिपोर्ट ने खोली आडिटर्स की पोल और गिनवाई अनेक खामियां

November 7, 2022 8094 Views 1 comment Print

भारतीय सीए संस्थान ने २ नवंबर २०२२ को वर्ष २०२१-२२ में किए गए कंपनियों के आडिट रिपोर्ट के आधार पर अवलोकन रिपोर्ट जारी की है जिसमें आडिट फर्मों द्वारा किए जा रहे आडिट और इसकी रिपोर्टिंग में बरती जा रही खामियां उजागर की गई है ताकि भविष्य में आडिट क्वालिटी में बेहतरी आ सकें. रिपोर्ट […]

Supreme Audit Institutions should engage with media, citizens & anti-corruption agencies: CAG

August 10, 2022 309 Views 0 comment Print

The Comptroller and Auditor General of India and Chair, CAS highlighted the contributions made by CAS to INTOSAI Standard setting and other capacity building activities.

All 4 PSU insurers incurred losses in health insurance business in 2016-17 to 2020-21

August 9, 2022 1464 Views 0 comment Print

All the four PSU insurers incurred losses in the health insurance portfolio in all the five years from 2016-17 to 2020-21. Aggregate loss of the four PSU insurers was ₹26,364 crore during 2016-17 to 2020-21.

System verified flow of ITC & Simple GST Return yet to be implemented: CAG

August 9, 2022 4608 Views 1 comment Print

Audit observed that owing to continuing extensions in the roll out of simplified return system, and delay in decision making, the originally envisaged system verified flow of ITC was yet to be implemented despite more than three years of roll out of GST.

CAG report on Income Tax Exemptions to Charitable Trusts & Institutions

August 9, 2022 1491 Views 0 comment Print

CAG noticed ineffective monitoring of accumulation of income and its utilization, ineffective monitoring of receipts and utilization of foreign contribution, inadequacy of survey of educational Trusts, absence of provision for disclosure of TDS in the audit report, etc.

ITR & TAR not capture details of export & import by Gems & Jewellery sector: CAG

August 9, 2022 1218 Views 0 comment Print

existing forms of ITR and TAR do not capture details of exports and imports undertaken during the respective FY by any entity engaged in Gems and Jewellery business.

Check CAG Provisional empanelment status

May 6, 2022 12538 Views 0 comment Print

Provisional empanelment status of the firm along with provisional point score for the year 2022-2023 will be available on the website www.care.cag.gov.in from 06 May 2022 to 17 May 2022. Representations, if any, for rectification of clerical mistakes in the online data may be sent by email at [email protected] by 17 May 2022.

UIDAI cancel more than 4.75 lakh Aadhaars for being duplicate

April 6, 2022 3081 Views 0 comment Print

Uniqueness of identity of the Applicant, established through a de-duplication process is the most important feature of Aadhaar. It was seen that UIDAI had to cancel more than 4.75 lakh Aadhaars (November 2019) for being duplicate. There were instances of issue of Aadhaars with the same biometric data to different residents indicating flaws in the de-duplication process and issue of Aadhaars on faulty biometrics and documents.

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