Ad
related to: auditing of local bodies upsc questions quizlet test grade 2curriculumassociates.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
Its central civil servants serve in an audit managerial capacity in the Indian Audit and Accounts Department (IA&AD), and are responsible for auditing the accounts of the Union government and state governments, as well as their public commercial enterprises and non-commercial autonomous bodies. [6]
The Comptroller and Auditor General (CAG) of India is an authority, established by the Constitution under Constitution of India/Part V Chapter V/Sub-part 7B/Article 148, who audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government.
This local government structure extends up to the district level. The urban local government is commonly referred as "urban local bodies" (ULBs). Municipal corporations, municipal councils, and nagar panchayats are examples of urban local bodies responsible for managing local affairs, such as infrastructure development, public health, and ...
The urban local bodies act as platform between the people in the urban areas and the administration. According to 2011 census of India, Tamil Nadu has about 48.45% of total population living in urbanised areas. [11] Depending on the population and income of the urban local bodies, they are further classified into three categories. [12]
Anybody or authority even though not substantially financed from the Consolidated Fund, the audit of which may be entrusted to the CAG. Grants and loans given by Government to bodies and authorities for specific purposes. Entrusted audits e.g. those of Panchayati Raj Institutions and Urban Local Bodies under Technical Guidance & Support (TGS).
It was the 74th amendment to the Constitution of India in 1992 that brought constitutional validity to municipal or local governments. Until amendments were made in respective state municipal legislations as well, municipal authorities were organised on an ultra vires (beyond the authority) basis and the state governments were free to extend or control the functional sphere through executive ...
Urban local bodies in Tamil Nadu, consisting of municipal corporations, ... Selection Grade Between Rs. 1 to 2 Crore 187 Grade I Between Rs. 0.5 to 1 Crore 194
In addition, CPA firms that perform local government financial audits that include an A-133 "single audit" must follow yellow book standards. In addition to financial audits, the Yellow Book standards cover Performance Audits, which evaluate the performance of a program or project against defined objectives, such as objectives for efficiency ...