This is something you all need to read about, especilally in these days of scams.. THE COMPTROLLER AND AUDITOR GENERAL OF INDIA. The Comptroller and Auditor General (CAG) of India (Hindi: à¤ारत के नियंत्रक-महालेखापरीक्षक ) is an authority, established by the Constitution of India , who audits all receipts and expenditure of the Government of India and the state governments , including those of bodies and authorities substantially financed by the government. The CAG is also the external auditor of government-owned companies . The reports of the CAG are taken into consideration by the Public Accounts Committees , which are special committees in the Parliament of India and the state legislatures . The CAG of India is also the head of the Indian Audits and Accounts Service , which has over 58,000 employees across the country. The current CAG of India is Vinod Rai , who was appointed on 7 January 2008. He is the 11th CAG of India. Indian Audits and Accounts Service Main artic...