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B R Govardhan asked 1 year ago

I’m Govardhan, CA final student. My query is regarding Audit of PSU.
Under organization’s subject to audit, It’s given that the Public Commercial enterprise controlled by Central and State Govt are subjected to audit. 
 
Can we presume all the govt companies can be subjected to Performance, Propriety and such audits? 

1 Answers
RaviRavi Staff answered 1 year ago

Sec 143 (7) gives power to CAG they can conduct “Test Audit”
this test audit includes different types of audits performed by CAG

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