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What Is CAG Full Form?


CAG is an acronym for Certified Auditing Group. This group has several responsibilities and has the authority to audit a government’s finances. They also oversee the government’s financial systems and other agencies to ensure they operate effectively. To learn more about CAG, read on! Below are some key points to keep in mind. Among them: are responsibilities, authority, and appointment process. This information will be helpful for anyone involved in public accounting.

Comptroller and Auditor General

The Comptroller and Auditor General is a leadership position in the Government Accountability Office, a nonpartisan agency of the federal government. The President of the United States appoints the Comptroller General with the advice and consent of the Senate. The appointment process is facilitated by Congress, creating a bicameral commission recommending candidates to the President. The position has a 15-year term and is not eligible for reappointment.

In India, the Comptroller and Auditor General (CAG) is an independent, nonpartisan government official appointed by the president on the prime minister’s recommendation. The CAG holds office for a six-year term, which the president may extend. The current CAG of India is Shashi Kant Sharma. He is the country’s 12th CAG. The job of the CAG is to audit the financial accounts of the federal, state, and municipal governments. In addition, the CAG acts as a supplementary auditor for principal government subsidiaries and government-owned companies.

The role of the CAG is vast. In addition to auditing government spending, it also reviews the accounts of the Consolidated Fund of India, state and union territories, government companies, and contingency funds. Moreover, CAG certifies the income and expenditure of taxpayers.

Appointment process

The Appointment Process of the Comptroller and Auditor General of India (CAG) is governed by the Indian Constitution, Acts of Parliament, and service conditions of the Indian Audits and Accounts Department. The CAG takes an oath of office before the President. He or she is appointed for a six-year term and retires at age 65.

The CAG is the most important officer under the Indian Constitution. Unfortunately, the office has not received the attention it deserves. It is an important post that needs reforms. The process of appointing a CAG must be transparent and objective, and everyone should have an opportunity to be considered.

Appointments to the CAG are based on recommendations from the Prime Minister or President. The CAG is responsible for auditing all expenditures of the government. The CAG will ensure that government spending is in line with its mandate.


The CAG helps the parliament and state legislatures hold the government to account for its actions. It is one of the bulwarks of Indian democracy, alongside the ECI and the UPSC. Dr. B R Ambedkar once said that the CAG is the most important officer in the country, with its duties exceeding those of the judiciary.

The CAG is given full access to financial records and has the right to ask for relevant information from anyone. This is a statutory right affirmed by the Government of India in the Government of India Act of 1935. The CAG also has the right to request sensitive documents, but it is imperative to return them to their owners as soon as the task has been completed.

The CAG’s primary responsibility is to audit the public accounts and expenditures of the Union and State governments and government bodies and corporations. They also audit the accounts of companies that receive or spend state revenue.


The Authority of CAG has a broad remit that includes auditing the Government’s financial records. It has the power to call anyone and request relevant data and documents. It has this authority by statute and was confirmed by the Government of India in 1936. It has full access to a government body’s financial records and can audit the accounts of private companies and public organizations.

The CAG also has the power to make regulations for government bodies. The office oversees accounting departments responsible for preparing and maintaining financial statements, maintaining the general ledger and payroll, and handling the economic front of a business. It is also responsible for auditing accounts and can also make regulations on applicable laws. It ensures that the State and Union accounts are correctly audited.

The CAG’s report is considered by Public Accounts Committees, special committees of the Indian Parliament, and state legislatures. The CAG is also one of the most critical agencies in investigating financial fraud in India. For example, it has investigated scams allocating 2G spectrum and coal mines. It provides advice and guidance to statutory auditors on all audit-related matters and supplements their audit reports.