CAG of India Appointed External Auditor OF IAEA and WIPO



The Comptroller and Auditor General of India (CAG) has been appointed as the external auditor of two major UN organizations - the International Atomic Energy Agency (IAEA), Vienna and World Intellectual Property Organization (WIPO), Geneva. Both these organizations have traditionally been the stronghold of the developed world and it is for the first time that a Supreme Audit Institution from outside Europe has been appointed to these prestigious positions. These appointments were made in the face of competition from other developed countries like United Kingdom, Spain and Norway.

 

These appointments for organizations such as IAEA and WIPO, which are specialized agencies, is a recognition of the professional capabilities of the CAG's auditing talent pool. The international community has acknowledged that public auditors of the Indian Audit and Accounts Department have high professional competence. In particular, their knowledge, expertise and domain experience in conducting performance audits has been highly acclaimed. It is in recognition of such expertise that in the face of competition from Auditors' General of developed countries such as UK and Norway, the CAG of India has been preferred. The tenure of these audits could extend up to six years.

 

The CAG of India is on the Panel of External Auditors of the United Nations and its Agencies. He is the chair of the Knowledge Sharing and Knowledge Services Committee of the International Organization of the Supreme Audit Institutions (INTOSAI), the global body of Auditors' General which has a membership of 184. He also chairs the INTOSAI Working Group on IT Audit. The CAG of India is also on the Governing Board of the Asian Organization of Supreme Audit Institutions (ASOSAI) and is poised to take over as its Chairman for a term of three years from March 2012.

 

The institution of the Comptroller and Auditor General of India (CAG) is recognized as one of the most professionally accomplished Supreme Audit Institutions in the world. The CAG occupies a pre-eminent position in the international community of public auditors and is a prominent member of INTOSAI. The recognition of the capabilities of the CAG of India has in the past manifested in his appointment on the Board of Auditors of the United Nations and as external auditor to a number of other major UN agencies like Food and Agricultural Organization (FAO), World Health Organization (WHO), International Maritime Organization (IMO), Organization for Prohibition of Chemical Weapons (OPCW) etc.




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
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details