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When and by whom was auditing separated from accounting in India?

the Correct Answer is 1976. In 1971 the central government enacted the Comptroller and Auditor General (Duties, Powers, and Conditions of Service) Act, 1971. The act made CAG responsible for both accounting and auditing duties for central and state governments. In 1976 CAG was relieved from accounting functions.

What does Ohio auditor do?

Ohio Auditor of State. Our Mission: As Ohios chief compliance officer, the Auditor of State makes Ohio government more efficient, effective and transparent by placing checks and balances on state and local governments for taxpayers.

Who is responsible for auditing in India?

The Comptroller and Auditor General is the sole authority prescribed in the Constitution entrusted with the responsibility of audit of accounts of the Union and of the States.

What do you mean by auditor?

Auditors are finance professionals who perform audits they review financial statements, internal processes, and transaction records to assess accuracy and completeness. Internal auditors typically work for the company they audit and guide management on improving recording and reporting processes.

When was auditing started in India?

The Office of the Comptroller and Auditor General has its beginnings in 1858 the year the British Crown took over the reins of governing British India from the East India Company. The first Auditor General (Sir Edward Drummond) was appointed in 1860 and had both accounting and auditing functions.

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