CAG Audits – Statutory Audit & Compliance Support for Government Bodies & PSUs
The Comptroller and Auditor General of India (CAG) is entrusted with auditing the accounts of Union and State Governments, Public Sector Undertakings (PSUs), Autonomous Bodies, and Government-funded projects. CAG Audits are comprehensive statutory audits aimed at ensuring financial propriety, compliance with applicable laws, and efficiency in the use of public resources.
We specialize in conducting CAG Audits for PSUs, Government Corporations, Urban Local Bodies, Autonomous Institutions, and projects receiving Government grants. Being a CAG Empaneled Firm, we bring deep expertise in adhering to statutory requirements, audit methodologies, and reporting frameworks as prescribed by CAG.
Our services include financial audits, compliance audits, performance audits, and special audits as directed by CAG. We ensure that financial statements are accurately prepared, all statutory deductions (GST, TDS, PF, etc.) are properly accounted for, internal controls are evaluated, and discrepancies are addressed proactively before audit observations escalate.
Additionally, we assist clients in audit preparation, representation during CAG inspections, drafting replies to audit observations, and ensuring timely compliance with audit recommendations. Our structured audit approach ensures that PSUs and Autonomous Bodies maintain high levels of transparency, accountability, and governance.
Frequently Asked Questions (FAQs)
CAG Audits are statutory audits conducted by the Comptroller & Auditor General of India for Government Departments, PSUs, Autonomous Bodies, and entities receiving significant government grants.
Yes, if they receive substantial government funding or grants, they may come under the purview of CAG audits to ensure proper utilization of public funds.
While statutory audits under Companies Act focus on true & fair view of financials, CAG audits go deeper into compliance with government norms, fund utilization, performance evaluation, and adherence to public accountability standards.
Absolutely. We assist clients in drafting well-structured replies with necessary documentation and justifications to address audit queries raised by CAG.
Audit & Assurance
- Statutory Audits (Companies Act)
- Internal Audits
- Tax Audits (Income Tax Act)
- Bank Audits (Statutory & Concurrent)
- Forensic Audits
- Management/Operational Audits
- Stock Audits
- Due Diligence Reviews
- System & Process Audits
- ESG/CSR Audits
- Trust & NGO Audits
- Startup Audits
- Municipal Corporation Audits
- CAG Audits
- PSU Audits
- Social Audits (MNREGA, etc.)
- Autonomous Body Audits
- Co-operative Society Audits
- Parliament-tabled Audit Reports
- PSE Audits
CA. Dhiraj Jain
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