C&AG of India Regulations

Regulation on Audit and Accounts

• The Regulation on Audit and Accounts was made by the C&AG of India under the powers conferred on him by Section 20 of the C&AGs (DPC) Act, 1971.
• The Regulation was made in the year 2007.

Scope of Regulation

• The Regulation on Audit and Accounts applies to:
  • Officers and staff of IA&AD
  • All Ministries and Departments of the Union/State/Union Territory Governments
  • Bodies, Authorities, and Enterprises to which the audit or accounts jurisdiction of the C&AG of India extends
  • All of the above

Definitions

• Audit Department or Audit Institution: The offices of the IA&AD under C&AG of India responsible for audit under the Constitution and the Act.
• Audit Board: The Audit Board constituted by the C&AG for performance audits of Central Public Sector Undertakings.
• Audit Entity: An office, authority, body, company, corporation, or any other entity subject to audit by the C&AG of India.
• Audit Mandate: The authority of the C&AG of India for audit under the Constitution of India and the Act, including audit entrusted by the Government under the Act.
• Audit Memorandum: A memorandum or letter issued during the course of audit for eliciting information, confirmation of facts, or any other matter considered necessary by the Audit Officer conducting the audit.
• Audit Note: A note issued by an Audit office containing the result of audit with respect to data, information, or documents available in an Audit or Accounts office.
• Audit Office: An office of the C&AG of India responsible for audit.