TY  - JOUR
AB  - Proper and effective control through audit is necessary in the case
of public enterprises as the funds invested in them do not belong to
those who manage the affairs of these enterprises. That is why it is
important that their financial operations are subjected to severe
scrutiny. Examines the problems of audit control of public enterprises,
which would indicate an insight into the legal framework of audit
accountability and the deviations emerging there from in actual
practice. Government auditors do not have sufficient appreciation of the
commercial nature of the public enterprises, and too detailed and
continuous audit dampens the initiative of enterprising managers,
forcing them to adopt a more cautious approach and restricting the scope
of delegation of powers. In some cases the Comptroller and
Auditor‐General is the sole auditor, and in other cases he performs the
superimposed audit in addition to the audit by the professional auditor.
Therefore, finds that audit control over public enterprises varies from
case to case, and the CAG should interpret this power according to the
need of situation, and there should be external efficiency audit for
public enterprises.
VL  - 8
IS  - 6
SN  - 0268-6902
DO  - 10.1108/02686909310042785
UR  - https://doi.org/10.1108/02686909310042785
AU  - Singh Batra Gurdeep
AU  - Kaur Narinder
PY  - 1993
Y1  - 1993/01/01
TI  - Emerging Dimensions of Audit Accountability: A Case Study
of Public Enterprise Management and Efficiency Audit in India
T2  - Managerial Auditing Journal
PB  - MCB UP Ltd
Y2  - 2024/04/23
ER  -