Public Administration || Paper 2 || Financial Management

Comptroller and Auditor General (C&AG)

1.   Art 148 – 151

2.   For 06 years or till 65 years of age, whatever is before.

3.   Security of tenure.

4.   Can speak in the Parliament.

5.   No reduction of remuneration to his disadvantage.

6.   Audits – CFI, CFS; Contingency Funds; Bodies funded; Public companies; Receipts and remittances;

7.   Forms of accounts;

8.   Friend, philosopher and guide to Public Accounts Committee.

Integrated Financial Advisor

1.   Formulation of budget.

2.   Controlling of expenditure.

3.   Consolidation;

4.   Preparation of finance and appropriation accounts.

Controller General of accounts

1.   Technical authority essentially;

2.   Principles of accounting;

3.   Rules and manuals;

4.   Internal Audit;

5.   Capital restructuring and disinvestment;

6.   Manages the Cadre of Indian Civil Accounts Service (ICAS).