QuestionsCategory: CA-IPC Govt AuditSir, what predetermined standards should we set while checking government expenditure ?
Saurabh JainSaurabh Jain asked 6 years ago
3 Answers
RaviRavi Staff answered 6 years ago

didn’t understand your question..
please tell exact question of pm or exam or any notes you have doubt with page number

Saurabh JainSaurabh Jain answered 6 years ago

Basic Standards set for audit of government expenditure. (November 2013)
 

RaviRavi Staff answered 6 years ago

ok
it is very popular and regular question from government audit, they could have simply asked audit of government expenditure but they twisted it with what are “basic standards” but answer is same
there are 5 points as given below
Audit against Rules & Regulations (Regulatory Audit)
Audit of Sanction of Funds
Audit Against Provision of Funds
Propriety Audit
Performance Audit