What does the CAG check during audits?
a. Audit against provision of funds
👉 CAG checks if the money was used for the purpose it was approved for.
What does the CAG check during audits? Regularity Audit a. Audit against provision of funds 👉 CAG checks if the money was used for the purpose it was approved for .
Example: If ₹10 crore was approved for building roads, was it actually used for roads and not something else? b. Audit against rules and regulations 👉 CAG checks whether the spending followed proper laws and rules .
Example: Even if money was spent on roads, did it follow tender rules, contractor guidelines, etc.? c. Audit of sanctions 👉 CAG checks if the proper authority gave permission to spend the money.
Example: Was there official approval before spending the amount? d. Propriety Audit 👉 Goes beyond just rules and asks: Was the money spent wisely ? Could the money have been saved or used better ? Was there any misuse or waste even if the spending was technically legal? e. Revenue audit 👉 CAG checks if the money collected by the government (like taxes) was properly calculated and there was no leakage or fraud . In simple words: CAG doe…