What Is CAG Full Form , Full Form Of CAG
CAG Full Form in India Government : Comptroller and Auditor General
CAG Full Form is Comptroller and Auditor General . CAG was Under the Article number 148 of the constitution of India. CAG has the power to perform the audit all the expenditure of central government, state government and organizations which are financed by the government. Its headquarters is situated in New Delhi.
CAG is an independent authority of India. It share same status like judge of Supreme Court of India. CAG is the most power full body to investigate financial frauds in India. President of India appoint CAG with the recommendation of Pry-minister.
Powers of CAG as per Companies Act, 1956.
- CAG can appoint and reappoint the auditor of a government company
- Supplement the audit report of the statutory auditors
- Conduct the audit of the accounts of a government company
- Conduct a test audit of the accounts
Functions of CAG
- To audit the receipts and expenditure of state companies and other organizations financed from the central or state revenues.
- To audit the accounts regarding expenditure from the consolidated fund of India and consolidated fund of every state and union territory
- To audit balance sheets, trading, manufacturing and profit and loss or the other account of any department of the central or state governments.
- To audit the accounts associated with expenditure from the contingency fund and public account of India and every state
- To submit audit reports of the accounts of the center to the President and the reports of the accounts of the state to the Governor
CAG Full Form in Medical : Closed-Angle Glaucoma
Closed-angle glaucoma is a condition during which the pressure inside your eye becomes too high. There are variety of diseases that fall into the heading “glaucoma.” Open-angle glaucoma is that the commonest sort of the condition and it accounts for around 90 percent of all cases of glaucoma. Closed-angle glaucoma is far less common. If left untreated, all kinds of glaucoma may cause damage to your optic nerve (and at the end blindness come), which is that the nerve that transmits visual information to your brain.
CAG Full Form In Technology : Chassis Air Guide
A thermal system of Personal Computer chassis by Intel is known as Chassis Air Guide (CAG). The main duty to pull and direct fresh air from outside of computer case to the cooler and processor.
Full Form of CAG In Internet : Citrix Access Gateway
Full Form of CAG In India : Communication Arts Guild
Full Form of CAG in Security : Consensus Audit Guidelines