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News Audit & Acc - Misc.

  • May 02, 2016
  • Auditing reforms: PAC wants NGOs, PPPs to come under its purview

    Powers to audit NGOs, summon ministers and former secretaries and a monitoring mechanism for following up the effective implementation of the recommendations are some of the proposals of the Public Accounts Committee (PAC) on the auditing reforms.“PACs felt the CAG mandate extends to conduct of audit of NGOs, any enterprise or programme where government funding is involved, including in government operated agencies such as District Rural Development Agencies (DRDAs) and Public Private Partnership projects,” the report said.Apart from the suggestion that the PAC proceedings should be open to media except in sensitive cases, the report demands that the PAC could consider collection of information through social audit agencies, NGOs, public and a website dedicated to PAC.

    Source - http://www.thehindubusinessline.com