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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......

Murli Deora: The politician who was loved by all

Congress stalwart Murli Deora passed away on Monday morning after battling a prolonged illness. He was a politician who shared rapport across the political and corporate spectrum. Murli Deora, the......

RIL's KG-D6 spend exceeds approved limit: CAG audit

The govt auditor also indicts DGH and management committee of D1 and D3 fields The Mukesh Ambani-controlled Reliance Industries Ltd (RIL) could have exceeded the approved spending limit at its......

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......

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......

FIFA mess: Official charged with fraud, money-laundering

A man walks in front of the FIFA logo displayed outside the FIFA headquarters. Photograph: Harold Cunningham/Getty Images A member of the financial watchdog committee at soccer's ruling body FIFA......

2018 Olympics: Figure skating 'Queen' Yuna named honorary ambassador

Yuna Kim of South Korea competes in the Figure Skating Ladies' Short Program. Photograph: Ryan Pierse/Getty Images Former Olympic figure skating champion Kim Yuna will play the role of honorary......

FIFA finance watchdog member arrested on corruption charges

FIFA faces more embarrassment after a member of its financial watchdog was arrested on suspicion of corruption and money-laundering in the Cayman Islands. Canover Watson, one of eight members of......

Supreme court restores Sethi as PCB head

The Supreme Court on Wednesday restored Najam Sethi as chairman of the Pakistan Cricket Board just four days after the Islamabad high court reinstated his predecessor, Zaka Ashraf, as head of the......

  People speak for audit committee

  • QNA
ankit saini
Q. what is 'CAG' in india?
Ankit Saini:  A.  more

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

venkatesaldevarajan
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
FA says no intentions of boycotting …

London, Nov 26 (ANI): The Football Association has revealed that it has no intentions of boycotting the 2018 and 2022 World Cups in Russia and... ...

https://in.news.yahoo.com/fa-says-no-intentions-boycotting-2018-2022-wcs-080648092.html
Greenland independence on back burner in snap election

Copenhagen: Greenland voters are on Friday expected to focus on the Arctic territory`s economic future rather than independence from Denmark, in a... ...

http://zeenews.india.com/news/world/greenland-independence-on-back-burner-in-snap-election_1504935.html
FIFA faces 'years' to rebuild reputation

FIFA Secretary General Jerome Valcke acknowledged Tuesday that it will take "years to rebuild our reputation" following the World Cup bidding... ...

http://www.indiatvnews.com/sports/soccer/valcke-says-fifa-faces-years-to-rebuild-reputation-6010.html
Ban on sale of loose cigarettes

The health ministry has accepted an expert panel's recommendation of a complete ban on the sale of loose cigarette sticks in the country. The... ...

http://smartinvestor.business-standard.com/market/Econnews-279061-Econnewsdet-Coming_soon_Ban_on_sale_of_loose_cigarettes.htm
PAC Flays Ministries for Casual Auditing

NEW DELHI: The Public Accounts Committee (PAC) has pulled up the government departments for non-submission of action taken notes on the findings of... ...

http://www.newindianexpress.com/nation/2014/11/26/PAC-Flays-Ministries-for-Casual-Auditing/article2541333.ece

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