Archive · 16 Jun 2025

Auditors Support CAG's Move to Involve Private Firms

Auditors Support CAG's Move to Involve Private Firms

The CAG, India's auditor, wants to hire private accounting firms to help with audits.

These firms will assist the CAG, not do the audits themselves.

Some people are worried this will weaken the CAG, but others say it's a good way to get more expertise.

The selected firms will work under the supervision of senior CAG officers.

The ICAI, an accounting institute, supports the move, saying it will improve audit quality and ensure timely completion of audits.

Sources