ICAI Signs MoU with CAG to Boost Capacity of PSU Audit Officers

ICAI (Institute of Chartered Accountants of India) has signed an MoU (Memorandum of Understanding) with the CAG (Comptroller and Auditor General of India) to enhance the capacity building of audit officers working with Public Sector Undertakings (PSUs). This collaboration aims to leverage the expertise of ICAI in accounting and auditing to improve the skills and knowledge of CAG officials involved in auditing government-owned entities, thereby promoting greater accountability and efficiency in the public sector.