Quick Summary
ICAI and CAG Join Hands to Strengthen Capacity of PSUs Audit Officers Signs MoU with the Office of the Comptroller Auditor General (O/o CAG) of India to strengthen the capacity development framework A strategic partnership to enhance audit excellence in PSUs through structured training. First batch is likely to commence in the month of May 2025 The Institute of Chartered Accountants of India (ICAI) through its Committee on Public and Government Financial Management (CPGFM) has entered
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FAQ :
The MoU aims to strengthen the capacity development framework for PSU audit officers through structured training and continuing education, enhancing audit excellence.
The first batch of training for 50 CAG officers is likely to commence in May 2025.
The training programme will be delivered at the ICAI's Centre of Excellence in Hyderabad.
The training will focus on key areas such as accounting standards, auditing standards, and IT tools relevant for PSU Audits.
The MoU will be initially valid for three years, with the possibility of extension through mutual agreement.
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