Comptroller and Auditor General of India is the full form of CAG. It is an authority that is established under Article 148 of the Indian Constitution. It’s primary function is to do the inspection of all the government-funded expenditures of the central government, state government and organisations. The Headquarters of CAG is located in New Delhi, India.
CAG is ranked ninth in the Indian order of priorities and has the same position as an Indian Supreme Court judge. The head of the Department of Indian Audits & Accounts is CAG. It is one of India's most crucial financial fraud investigators, including the coal mine allocation fraud and the 2G spectrum allocation fraud. The President of India nominates CAG on the recommendation of the Prime Minister.
Procedure to Complete Out the 2022 CAG Application Form
Before completing the CAG application form, it is highly advised that all candidates who are interested in applying do a thorough review of the eligibility requirements. Candidates must complete and submit the CAG online application form within the allotted time period in order to participate in the test.
Follow the instructions below if you want to fill out the CAG online form for the 2022 recruitment test.
Candidates must complete the CAG registration form on the exam's official website before taking the exam. Candidates may complete these steps:
Look for the notification that states "New Registration" when you visit the official website at https://cag.gov.in. Just press on it.
Fill in all of the necessary information in the registration form, such as name, guardian/name, father's date of birth, contact, email id, etc.
Simply press the Send button.
Note the Registration Id and Password that the system has created.
To continue with the CAG examination procedure, candidates must complete the CAG Comptroller Auditor and Accountant application form after completing the CAG online registration. The following are the procedures to complete the CAG application form:
Use your login ID and password to access the official CAG Recruitment website.
Complete the CAG online application form with all required information, such as academic information and exam centre choices.
Candidates must submit scanned copies of their signatures along with an image the height of a passport.
Examine the completed application and make any required adjustments.
The necessary application fee for the CAG recruitment exam must be paid as the final stage.
Take a printout of the completed application form for later use after the CAG application money for CAG 2022 has been paid successfully.
For completing the CAG Recruitment application form, there is no set entry fee.
Vision, Mission and Core values of the CAG
(CAG vision represents what they aspire to become)
CAG's vision is to continuously provide independent and credible assurance on resources that belong to the public and to be a global leader in auditing the public sector.
(CAG mission enunciates their current role and describes what they are doing today)
It is mandated by the Constitution of India. CAG enhances accountability and transparency through high-quality auditing and accounting. The Legislature, the Public and the Executive are provided independent assurance that public funds are being utilised effectively and efficiently.
(CAG core values are the fundamental beliefs that guide their institution and their people)
Institutional Values that aim to maintain professional standards, objective and balanced approach, independence and transparency. People's Values which include Ethical behaviour and integrity, professional competence and fairness and social awareness.
Previous Comptroller and Auditor General
Appoint and reappoint the auditor of a government firm
Direct the inspection of a government company’s accounts
Provide auditors with guidance
Perform a test inspection of all the accounts
Supplement to the audit report.
To Audit the expenditure accounts from the Indian Consolidated Fund and the Consolidated Fund of each State and Union Territory
To audit the accounts related to the contingency fund spending and the public account of India and every state.
Audit of the revenue and payments of federal or state taxes that are funded by government organisations.
To send the state accounts audit report to the Governor
To send the centre accounts audit report to the President of India
To audit the balance sheets, trade and profits and losses, or any other account of any central or state government department.
The duties of CAG are-
To audit the accounts that are related to all expenditures from the Consolidated Fund of India. Consolidated Fund belonging to each state and UT have a legislative assembly.
To audit all the expenditures that are coming from the Contingency Fund and Public Account of each of the states.
The functions of CAG are-
He audits all the transactions belonging to the Central and state governments. These are related to debt, deposits, suspense accounts and business.
Accounts of any other authority are audited by him when it is requested. The request is made by the President or Governor. Local bodies are an example.
The types of audits performed by CAG are-
1. Regulatory Audit
2. Supplementary Audit
3. Propriety Audit
4. Efficiency Audit
5. Performance Audit
6. Environmental Audit
The Sources of the Audit Mandate of CAG are-
Constitution
Statute
Regulations
Scope of audit
The full form of CAG is Comptroller and Auditor General of India.