Para 2.6.12 — MSO (Audit)
Original Rule Text
2.6.12 In cases where any body or authority is having separate audit arrangements under the legislation constituting it, audit by the Comptroller and Auditor General will co-exist therewith.
What This Means
If an autonomous body already has its own audit arrangements established by the legislation that created it, the CAG's audit does not replace them. Both audit arrangements exist side by side. The body continues to be audited by its existing auditor, and the CAG's audit operates in addition to that, providing an extra layer of scrutiny and public accountability.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1CAG audit co-exists with existing audit arrangements of the body
- 2The body's own statutory audit is not replaced or superseded
- 3Both audits operate simultaneously as independent mechanisms
- 4This ensures multiple layers of accountability
- 5The principle applies to bodies that have separate audit provisions in their establishing legislation
Practical Example
A university established by a central Act has its own Comptroller of Finance and an internal audit cell as mandated by its Act. When the CAG takes up audit of the university (because it receives substantial government grants), the university's internal audit continues functioning as before. The CAG's audit adds an external layer -- checking not just the financial accuracy of accounts but also the propriety and efficiency of expenditure that the internal audit may not cover.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Does the CAG share findings with the body's existing auditor?▼
Which audit report takes precedence if findings conflict?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.