Para 1.1.2 — MSO (Audit)
Original Rule Text
1.1.2 The duties entrusted to the Comptroller and Auditor General of India under the provisions of the Act fall broadly under two categories, namely those relating to
(i) compilation and keeping of accounts, and
(ii) audit.
# Compilation of Accounts
What This Means
The CAG has two broad categories of duties under the law: compiling and maintaining government accounts, and auditing those accounts. These are the two pillars of the CAG's work — making sure the books are properly kept and then independently checking them.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1CAG duties fall into two categories: compilation of accounts and audit
- 2Compilation means preparing and maintaining the government's financial records
- 3Audit means independently verifying those records for accuracy and compliance
- 4Both functions are prescribed by the CAG Act 1971
Practical Example
A new recruit in the Indian Audit and Accounts Department should understand that their office does two distinct jobs: one wing compiles the government's accounts (recording all receipts and payments), while the audit wing independently checks whether those accounts are accurate and whether spending followed the rules.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What are the two main functions of the CAG?▼
Are compilation and audit done by the same team?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.