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  • CAG and The Audit of Private Firms

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    Raj Krishna
    21 просмотров1 страница
    Delhi HC ordered audit of revenue of private telecom companies by CAG, opens door for audit of other sectors, firms working as a co-partner or as a licensee. Govt. Earn revenue from entry fee and annual fee which is a percentage of "adjusted gross revenue"

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    CAG and the Audit of Private Firms

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    Delhi HC ordered audit of revenue of private telecom companies by CAG, opens door for audit of other sectors, firms working as a co-partner or as a licensee. Govt. Earn revenue from entry fee and annual fee which is a percentage of "adjusted gross revenue"

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    21 просмотров1 страница

    CAG and The Audit of Private Firms

    Загружено:

    Raj Krishna
    Delhi HC ordered audit of revenue of private telecom companies by CAG, opens door for audit of other sectors, firms working as a co-partner or as a licensee. Govt. Earn revenue from entry fee and annual fee which is a percentage of "adjusted gross revenue"

    Авторское право:

    Attribution Non-Commercial (BY-NC)
    Скачайте в формате DOCX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
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    CAG and the Audit of Private Firms

    Delhi HC ordered audit of revenue of private telecom companies by CAG, opens door for audit of other sectors, firms working as a co-partner or as a licensee Relationship; Govt.- Licensor and Private companies- Licensee Government earn revenue from entry fee and annual fee which is a percentage of adjusted gross revenue Appeal has been made in SC against HC order Why not audit can be done by govt. body? Sec 20 of CAG act talks about consent audit, where govt. request CAG

    Conclusion: The government, as a licensor, is fully empowered to ask the CAG to audit private firms which are licensees.

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