Para 7.2.36 — MSO (Audit)
Original Rule Text
7.2.36 In order to enable an appraisal of the results of the audit conducted centrally and locally, a follow-up action report may be sent to the Office of the Comptroller and Auditor General every quarter along with a synopsis of the more important and serious objections.
# Combination of Objection Statement and Objection Book
What This Means
To help the CAG's office assess audit results from both central and local audits, each audit office must send a quarterly follow-up action report to the Office of the Comptroller and Auditor General. This report should include a synopsis highlighting the most important and serious objections raised during the quarter.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Quarterly follow-up action reports must be sent to CAG's office
- 2Reports cover results of both central and local audit
- 3A synopsis of the most important and serious objections must be included
- 4Purpose is to enable appraisal of audit effectiveness at the national level
Practical Example
The Principal Accountant General (Audit) of a state compiles the quarterly report for January-March 2026. It includes a summary table of 120 objections raised during local inspections and 15 from central audit, along with a synopsis highlighting three serious cases: an unapproved construction project, misclassification of revenue, and a delayed pension payment affecting 200 retirees.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
How frequently must these reports be submitted?▼
What qualifies as an 'important and serious' objection for the synopsis?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.