Regulation 48 — Audit Regulations 2020
Original Rule Text
48. Interaction with auditable entity during performance audit
Performance audit envisages a high degree of interaction with the auditable entities, right from the selection of subject
(s) for review to all subsequent stages like definition of audit objectives and criteria, preparation of detailed audit programme, development of audit findings, formulation of recommendations and other related matters. Government departments shall ensure adequate and timely response to Audit at all stages.
What This Means
Performance audit requires a high level of interaction between the audit team and the auditable entity throughout the process — from selecting the subject for review through defining objectives and criteria, preparing audit programs, developing findings, and formulating recommendations. The department must ensure adequate and timely responses at every stage. This collaborative approach improves audit quality and ensures findings are well-evidenced and recommendations are practical.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Performance audit involves high interaction with the auditable entity at every stage
- 2Interaction starts from subject selection through findings and recommendations
- 3Government departments must ensure adequate and timely responses at all stages
- 4Collaborative approach improves quality and practical relevance of audit findings
- 5Covers audit objectives, criteria, detailed programme, findings, and recommendations
Practical Example
The AG (Audit) selects 'Implementation of the Smart Cities Mission' for performance audit. At each stage, they engage the Ministry of Housing: during subject selection (discussing scope and coverage), while defining objectives (agreeing on what 'smart' means in measurable terms), during fieldwork (requesting data on project completion rates), and while formulating recommendations (discussing feasibility). Under Regulation 48, the Ministry must respond adequately and on time at each stage.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Can the department refuse to engage with audit during performance audit?▼
Does the department have a say in what gets audited?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.