Controller General of Accounts (CGA)

Controller General of Accounts Latest News

Recently, the Controller General of Accounts (CGA) launched two major initiatives i.e. the Government Bank Dashboard and the Government Bank Manual in New Delhi.

About Controller General of Accounts

• CGA is the Principal Accounting Adviser to the Government of India.
• It was established in October 1975 to administer matters pertaining to the departmentalisation of the accounts of the Union. 
• The CGA is responsible for the central government exchequer control and internal audits.
• Nodal Ministry: Department of Expenditure, Ministry of Finance.

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Functions of Controller General of Accounts

• The Office of CGA smoothly and annually analyzes expenditure, revenues, borrowings, and various fiscal indicators for the Union Government. 
• It further formulates policies relating to general principles, forms, and procedures of accounting for the Central and State Governments.
• It administers the process of payments, receipts, and accounting in the Central Civil Ministries/ Departments. 
• CGA is also responsible for coordination and monitoring the progress of the submission of corrective/remedial action taken notes (ATNs) on the recommendations contained in the Public Accounts Committee’s (PAC) reports as well as the Comptroller and Auditor General (CAG) reports through its web-based Audit Para Monitoring System (APMS).
• It also looks after the pensions of Central government employees.

Source: PIB