• World
  • Sep 30

CAG of India assumes chairmanship of ASOSAI

• Girish Chandra Murmu, Comptroller and Auditor General (CAG) of India, assumed the chairmanship of ASOSAI for the term 2024-2027.

• The 16th assembly of Asian Organisation of Supreme Audit Institution (ASOSAI) was held in New Delhi, with 200 delegates from 42 countries discussing public audit, governance, and accountability. 

• The assembly also saw the induction of new members to the ASOSAI Governing Board and ASOSAI Audit Committee, ensuring continuation of strong leadership and innovation in public sector auditing.

What is ASOSAI?

• Asian Organisation of Supreme Audit Institutions (ASOSAI) is one of the regional groups of the International Organisation of Supreme Audit Institutions (INTOSAI). 

Other regional groups are:

i) African Organisation of Supreme Audit Institutions (AFROSAI)

Ii) Arab Organisation of Supreme Audit Institutions (ARABOSAI)

iii) Caribbean Organisation of Supreme Audit Institutions (CAROSAI)

iv) European Organisation of Supreme Audit Institutions (EUROSAI)

v) Organisation of Latin American and Caribbean Supreme Audit Institutions (OLACEFS)

vi) Pacific Association of Supreme Audit Institutions (PASAI).

• The INTOSAI operates as an umbrella organisation for the external government audit community. It is a non-governmental organisation with special consultative status with the Economic and Social Council (ECOSOC) of the United Nations.

• A Supreme Audit Institution (SAI) is a public body of a state or supranational organisation which, however designated, constituted or organised, exercises, by virtue of law, or other formal action of the state or the supranational organisation, the highest public auditing function of that state or supranational organisation in an independent manner, with or without jurisdictional competence.

• ASOSAI was established in 1979 with 11 members. 

• The membership of the ASOSAI consists of Charter Members, Members and Associate Members. Now, membership has grown to 48 Supreme Audit Institutions (SAIs).

The objectives of ASOSAI are:

• Promote understanding and cooperation among member institutions through exchange of ideas and experiences in the field of public audit.

• Provide facilities for training and continuing education for government auditors, with a view to improving quality and performance.

• Serve as a center of information and as a regional link with institutions in other parts of the world in the field of public audit.

• Promote closer collaboration and brotherhood among auditors in the service of the governments of the respective member institutions and among regional groups.

The functions of ASOSAI are:

• Encourage and promote research and to undertake publication of research papers and professional articles in auditing and related fields.

• Organise conferences and seminars for the exchange of ideas and experiences in the field of public audit.

• Perform such other functions as may be necessary in keeping with its objectives.

• The CAG was the chairman of ASOSAI from 2012-2015. The CAG has been granted ex-officio membership on the governing board of ASOSAI.

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