Controller General of Accounts

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

About the Controller General of Accounts (CGA)

• The Controller General of Accounts (CGA) serves as the Chief Accounting Adviser to the Government of India.
• It was established in October 1975.
• It was constituted with the objective of managing and administering matters related to the departmentalization of accounts of the Union Government.
• The CGA is responsible for the exchange control and internal audit of the Central Government.
• It functions under the Department of Expenditure, which is part of the Ministry of Finance.

Key Functions of the Controller General of Accounts

• The office of the CGA analyses the expenditure, revenue, borrowing, and various fiscal parameters of the Central Government each year.
• It lays down general principles, formats, and procedures relating to accounting for the Central and State Governments.
• It also administers the payment, receipt, and accounting systems of Central civil ministries and departments.
• The CGA monitors and coordinates the progress of corrective or remedial action reports (ATNs) made on the recommendations made in the reports of the Public Accounts Committee (PAC) and the Comptroller and Auditor General of India (CAG). For this purpose, it uses its web-based Audit Para Monitoring System (APMS).
• Additionally, it also oversees matters relating to pensions of Central Government employees.