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Allegations against me about CAG audit baseless: Joshi

Public Accounts Committee Chairman Murli Manohar Joshi on Thursday trashed as "baseless" allegations that he tried to expedite the CAG audit of the 2G spectrum allocation terming the charge as a......

Shunglu panel suggests changes in CAG, CVC

Amidst a debate on controversies surrounding some of the Comptroller and Auditor General reports, the high level committee that went into the Commonwealth Games related projects, has suggested......

CAG briefs PAC on 2G spectrum allocation report

Comptroller and Auditor General Vinod Rai on Monday briefed the Public Accounts Committee about his report in the 2G spectrum allocation. His report on a presumptive loss of Rs 1.76 lakh crore in......

India elected to IAAC

India has been elected to the newly established Independent Audit Advisory Committee, a five-member body which is expected to contribute to improving the accountability of the UN Secretariat to the......

CAG does not leak reports: Vinod Rai

Outgoing Comptroller and Auditor General Vinod Rai on Tuesday dismissed charges that he was behind the leak of controversial audit reports on 2G spectrum and coal block allocations. "In the course......

Audit committee heads may not get protection

Independent directors in charge of audit committees in companies may be held responsible for actions taken by the management. In its suggestion to a Parliamentary Standing Committee which is......

Tatas to do social audit of Orissa project

Tata Steel is to form a committee to undertake a social audit of its Kalinganagar project in Orissa, in a bid to counter allegations on the negative impact of industrialisation.Said H M Nerurkar,......

Why audit committees need strengthening

Post Satyam, the investors' confidence in the corporate governance system is low. Audit is being questioned by investors. Subhiksha is an example. In the case of Siemens India, institutional......

ICAI plans special committee to check Satyam audit

The chartered accountants body ICAI on Tuesday constituted a six-member special committee to look into the auditing of crisis-hit Satyam Computer, whose disgraced founder chairman Ramalinga Raju......

It's back to school for Tata, Kamath

It's back to school for the captains of corporate India with KPMG having launched its Audit Committee Institute on Thursday.Ratan Tata, J J Irani, K V Kamath, Lalita Gupte, Deepak Satwalekar, Amal......

Khan steps down as head; turmoil in CSA

Cricket South Africa plunged into turmoil after its acting president AK Khan and the chairman of the Audit and Risk Committee John Blair stepped down from their posts in the wake of a damning......

SA reinstates officials suspended in fix scandal

The South African Football Association (SAFA) has reinstated its chief and four other leading officials suspended over a match fixing scandal involving the national team, saying they were......

All domestic players will be auctioned from next IPL: Shukla

Indian Premier League Commissioner Rajiv Shukla on Sunday said that there would be review of the IPL rules and all the domestic players will be auctioned from the next edition. "All domestic......

ICC Executive Board to meet in Dubai

The Woolf Report, nomination of the ICC vice-president, managing the volume of Twenty20 cricket, schedule of events from 2015 to 2023, are some of the issues that the ICC Executive Board will......

Cricket South Africa suspends Majola

Cricket South Africa (CSA) has suspended its chief executive Gerald Majola even as its Brand and Corporate Relations Manager Kass Naidoo became the latest senior staff member to tender her......

People speak for audit committee

QNA

Q. what is 'CAG' in india?
Ankit Saini: A. more

http://qna.rediff.com/questions-and-answers/what-is-cag-in-india/22917654/answers/

Q. Comptroller and Auditor General (C & AG) is the apex auditing body. The C & AG has produced several reports on state departments such as railways, public sector enterprise, and tax administration. These reports have revealed many financial irregularities, suggesting a lack of monitoring of public expenses, poor targeting and corrupt practices in many branches of government. The most recent example is its report on Commonwealth Games that nailed the corrupt organizing committee members.but ,limited to audits and accounts. Cannot probe corruption as defined by the Prevention of Corruption Act; h
Venkatesaldevarajan: A. The Comptroller and Auditor General (CAG) of India is an authority, established by the Constitution of India under Chapter V, who audits all...... more

http://qna.rediff.com/questions-and-answers/comptroller-and-auditor-general-c--ag-is-the-apex-auditing-b/21509214/answers/22917679

Web results for Audit Committee

Outcome of board meeting

Mr. P. C. Mohanty and Mr A. K. Mukherjee were inducted on the audit committee of Orissa Sponge. ...

http://www.moneycontrol.com/news/announcements/orissa-sponge-outcomeboard-meeting_877909.html

SEBI

The Securities and Exchange Board of India (SEBI) has made it mandatory for users to have their systems audited every six months and increased... ...

http://feedproxy.google.com/~r/feedburner/HlRy/~3/ZeCgW5ZNUxU/storyShow.php

Defence secretary made CAG; appointment raises questions

Defence Secretary Shashi Kant Sharma was on Tuesday appointed Comptroller and Auditor General (CAG) of India. He takes over from Vinod Rai, who... ...

http://www.deccanherald.com/content/333764/defence-secretary-made-cag-appointment.html

Greater powers after the Harshad Mehta scam

Also Read: Sebi@25 : Sebi's journey to becoming a powerful regulator The adage, what doesn't kill you, only makes you stronger rung true for market... ...

http://www.moneycontrol.com/news/market-news/sebi@25-greater-powers-afterharshad-mehta-scam_877447.html

Ireland rejects blame for Apple's low tax rate

CORK/DUBLIN The Irish government, which has seen the luring of U.S. multinationals with low taxes as a key part of its economic policy since the... ...

http://www.firstpost.com/fwire/ireland-rejects-blame-for-apples-low-tax-rate-803449.html

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Rediff News

Audit Committee

News for Audit Committee

Allegations against me about CAG audit baseless: Joshi

Shunglu panel suggests changes in CAG, CVC

CAG briefs PAC on 2G spectrum allocation report

India elected to IAAC

CAG does not leak reports: Vinod Rai

Audit committee heads may not get protection

Tatas to do social audit of Orissa project

Why audit committees need strengthening

ICAI plans special committee to check Satyam audit

It's back to school for Tata, Kamath

Khan steps down as head; turmoil in CSA

SA reinstates officials suspended in fix scandal

All domestic players will be auctioned from next IPL: Shukla

ICC Executive Board to meet in Dubai

Cricket South Africa suspends Majola

People speak for audit committee

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