CAG and his US Counterpart Stress on need for Mutual Co-Operation; Discuss Areas of Mutual and Global Interests

Last updated: 27 February 2012


The Comptroller General of the United States of America, Government Accountability Office (GAO), Mr. Gene Dodaro, called on the CAG of India, Mr. Vinod Rai at the CAG Headquarters here today. The GAO in the USA, is the counterpart of the institution of the Comptroller and Auditor General of India. Mr. Dodaro & Shri Rai discussed issues of common interest and stressed the need for mutual cooperation which would be for mutual benefit. In particular, Mr. Dodaro was appreciative of the Indian CAG’s efforts to train its own officers and the infrastructure set up for facilitating the same. He lauded the professionalism of officers of the Indian Audit and Accounts Service and mentioned that they are rated very high globally. He appreciated their contribution in not only upgrading the professional knowledge and awareness in the INTOSAI Community but in different UN bodies. He commended the offer of the CAG of India to commit its own Training Institutes not only for South-South cooperation but also for assisting Supreme Audit Institutions which do not have adequate professional capability.

Shri Rai welcomed the US Comptroller General and reiterated the close ties between the two institutes. He assured Mr. Dodaro and the Donor Steering Committee that the training facilities available with the Indian Audit and Accounts Department would be available for training of officials of the INTOSAI Community.

Mr. Dodaro explained how the US GAO, which was earlier termed as the General Accounting Office was repositioned by the US Congress as the Government Accountability Office in 2002. It is now empowered to hold Government decisions financially accountable. This was a progressive and forward looking move of the US Congress.

Mr. Dodaro took over as the Comptroller General about a year and a half back and will be in office for 15 years, which is the designated tenure for the Comptroller General in USA. Mr. Dodaro is on his first visit to India after taking over as Comptroller General. He has come to India for attending a meeting of the INTOSAI Donor Steering Committee which is a committee set up jointly by INTOSAI and the international donor community to coordinate support of capacity building projects in lesser developed Supreme Audit Institutions.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


Comments



More »


Popular News





CCI Pro



Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details