Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Auditing »
Open DEMAT Account in 24 hrs
 NFRA issues Draft Procedure for Submission of Audit Files
 Auditors barred from putting a value on companies they are auditing
 Standard on Internal Audit (SIA) 18, Related Parties
 Standard on Internal Audit (SIA) 17, Consideration of Laws and Regulations in an Internal Audit
 Standard on Internal Audit (SIA) 16, Using the Work of an Expert
 Standard on Internal Audit (SIA) 14, Internal Audit in an Information Technology Environment
 Standard on Internal Audit (SIA) 13, Enterprise Risk Management
 Standard on Internal Audit (SIA) 12, Internal Control Evaluation
 Standard on Internal Audit (SIA) 11, Consideration of Fraud in an Internal Audit
  Standard on Internal Audit (SIA) 9, Communication with Management
  Standard on Internal Audit (SIA) 8, Terms of Internal Audit Engagement

CAG pulled up the Delhi government for information related to CWG
October, 26th 2010

The Comptroller and Auditor General of India (CAG) has pulled up the Delhi government for trying to side step its request for information related to all Commonwealth Games (CWG) projects.
 
The CAG has told the Sheila Dikshit government to provide information on all the projects without filtering any information.

The CAG had earlier this month asked the Delhi government for a list of 76 projects related to the CWG and city infrastructure. On October 22, the Delhi government replied that only 25 of the 76 projects were directly related to the Games.
 
The state government said it may not be able to provide records of 51 infrastructure projects in the stipulated period of three months during which the CAG is supposed to complete its probe.
 
An enraged CAG wrote back to the Delhi government, saying no exceptions could be made. It asked for records of every project as required by the audit parties expeditiously.

Among the things the CAG audit will look into is the criteria for appointment of consultants and scope of consultancy. It will also check the functioning of the consultants and the payments made to them. Cost overruns and reasons for that too would be under the scanner. 
 
But the Delhi government has drawn up a whittled-down version of its CWG expenditure. Sources said the government feels many dual use projects - for example, roads and flyovers not necessarily related to the Games - which had so far been connected to the CWG could be delinked.
 
Sources said this includes delinking from CWG expenditure the flyover projects at Mukarba Chowk, Mongolpuri, Azadpur and Munirka as well as the underpass at Bhera Enclave. The other expenses that the state government wants delinked are that of streetlighting and the 3,000 low-floor buses introduced by the Delhi Transport Corporation.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting