28th Accountants General Conference

28th Accountants General Conference 2016

Question: Who is the Comptroller and Auditor General of India?
a) Shashi Kant Sharma
b) Vinod Rai
c) T S Thakur
d) None of the above
Ans: (a)
Related facts:

  • On 20th October, 2016 President Shri Pranab Mukherjee inaugurated the 28th Accountants General Conference organized by the Comptroller and Auditor General (CAG) of India.
  • The Accountants General Conference is a prime platform where the entire top level management of the Indian Audit and Accounts Department (IA&AD) come together once in two years to review, discuss and recommend the direction in which the IA&AD needs to move in order to discharge its duties in the best possible manner.
  • The Comptroller and Auditor General is seen as the agency which is mandated to keep a watch on economic, efficient and effective governance.
  • The foundation of sound governance with accountability rests on a system of robust public financial reporting.
  • A regular internal and external consultative process facilitates effort to adapt and upgrade professional practices and methods of functioning.
  • About 200 Accountants General from all over the country, former CAGs of India, members of Audit Advisory Board and senior government officials participated in the conference and reviewed the international best practices prevalent in audit and accounting.
  • There were four sessions to deliberate on:
    • Auditing the programmes related to Sustainable Development Goals
    • Meeting Challenges in Revenue Audit
    • Impact of Integrated Financial Management System on Accounts & Entitlement Functions
    • Audit of Local Bodies: Perspectives & Concerns

Reference:
http://newsonair.nic.in/full_news.asp?type=bulletins&id=110
http://pib.nic.in/newsite/PrintRelease.aspx?relid=151784
http://www.indianbureaucracy.com/inauguration-of-the-28th-accountants-general-conference/