Girish Chandra Murmu, Comptroller and Auditor General (CAG) of India has been elected as the next head by the Asian Organization of Supreme Audit Institutions (ASOSAI), for 2024–27 term. India has set up a credence across Asia that it is now', 'the leader in public auditing arena,objection lending empirically to the fact.
ASOSAI Assembly Overview
- ASOSAI is an affiliation of 48 such Supreme Audit Institutions (SAIs) in Asia that focuses on government audit as a means to enhance auditing over public spending.
- As many as 42 countries participated in the gathering, alongside heads of SAI from 22 nations.
- Summary Of The Main Conferences which incorporated revision of the task assets; key strategic planning discourses and ability development activities.
- New proposed working groups: State-Owned Enterprises Audits IT Audit & Data AnalyticsRegional and Municipal Audits
- Review and ratification of important reports including mid-term review of the ASOSAI Strategic Plan 2022-2027, results from the Bangkok Declaration 2021 as well as new cooperation agreements and reform mechanisms.
Comptroller and Auditor General of India (CAG): A Peep into the Background
- Established in 1860The CAG is an authority which audits all receipts and expenditure of the Government of India, its Public Undertakings, State Governments, as mandated by Article 149.
- CAG is appointed by the President of India for a term of six years and publishes its reports to Parliament, state legislatures.
G.C. Murmu
- He was born on November 21, 1959 in Betnoti village of Odisha and has a Masters degree in Political Science along with an MBA from the University Of Birmingham.
Month: Current Affairs - October 19, 2024
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