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How does IA differ from statutory audit by CAG?

Government AccountsCAMPara 17.2

IA is an internal function under the Ministry's Chief Audit Executive, focused on improving operations, risk management, and controls. Statutory audit is external, conducted by CAG under constitutional authority. IA complements statutory audit — the IA Wing also coordinates settlement of statutory audit objections.

Source: CAM Para 17.2

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This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.