STRATEGIC PLAN ‐ 2020 -CONTENTS

Table of Contents

	Executive Summary		i
1	Setting the Context		1
	1.1	Institution of the CAG and the Indian Audit and Accounts Department	1
	1.2	Existing/ Previous Plans	2
	1.3	Changing Focus of Governance in 2020	3
	1.4	Need for a separate Strategic Plan ‐2020 for IAAD	4
2	Overall Framework of Strategic Plan‐2020 for IAAD		6
	2.1	Terms of Reference	6
	2.2	International Practices	6
	2.3	Scope and Coverage of Strategic Plan – 2020 for IAAD	7
	2.4	High Level Strategic Goals	7
	2.5	Mechanism for Implementation and Monitoring	7
3	Goal 1: Integrating audit efforts		9
	3.1	Background	9
	3.2	Re‐Organising Audit of GoI according to Ministry	10
	3.3	Current Audit Organisation	11
	3.4	Proposed Audit Organisation	11
	3.5	Staff Implications of Re‐organisation of GoI Audits	14
	3.6	Re‐organisation of Audit of States	14
4	Goal 2 : Promoting Professionalism in Public Sector Auditing.		16
	4.1	Sector‐specific knowledge centres and resource persons	16
	4.2	Encourage central and state governments to build and strengthen institutional arrangements for internal
	audit and risk management		18
	4.3	Establishing a Chartered Institute of Public Accountants and Auditors of India (CIPAAI)	19
	4.4	Setting up an International Consultancy wing	22
5	Goal 3: Improving communication with stakeholders and ensuring higher visibility		24

     
 5.1 Need for the CAG to be more proactive in his interactions with the media                                                                  24
   5.2 Setting up a separate Parliamentary/Legislative Relations Unit                                                                                    26

     5.3 Building a brand for the organisation                                                                                                              26 

	5.4	Treat Inspection Reports as products of the CAG for consumption by the public and other stakeholders.        27
	5.5	Introduce more Value added products other than audit reports like ‘Aid to Management Series.	27
	5.6	Setting up counters in each city for distributing audit reports to common citizens	30
	5.7	Giving more focus on dissemination and communication through Hindi/ Vernacular languages.	30
	5.8	Revamping the CAG Website.	31
6	Goal 4: Enhancing Audit Effectiveness and Impact.		32
	6.1	Integrated Approach to Financial and Compliance Audit..	32
	6.2	Enhanced Focus on Financial Attest Audit of Government Accounts	35
	6.3	Financial Attest Audit of Government Companies and Autonomous bodies.	39
	6.4	Reorientation of approach to Compliance Audit	40
	6.5	Strengthening Performance Audit	43
7	Goal 5: Improving delivery of accounting and entitlement functions		48
	7.1	Accounting Functions	48
	7.2	Entitlement functions	56
8	Goal 6: Improving Human Resource Management		58
	8.1	Background	58
	8.2	Review of existing staff strength	59
	8.3	Ensuring optimum span of control.	59
	8.4	Recruitment and Promotion.	60
	8.5	Ensure stability of tenure	65
	8.6	Develop leadership qualities in young IAAS Officers by giving higher responsibility....	66
	Annexe 1 – Perspective Plan 2010‐15 – Key Goals		69
	Annexe 2 – Mapping of Goals between Strategic Plan – 2020 for IAAD and Perspective Plan 2010‐15 ..		72
	Annexe 3 – Indicative Performance Measures.		73
	Annexe 4 – Proposed Re‐organisation of GoI Audit Offices.		75
	Annexe 5 ‐ Proposal for establishing a Chartered Institute of Public Accountants & Auditors of India (CIPAAI)		78
	Annexe 6 – Suggested Approach to Integrated Financial‐cum‐Compliance Audit		84
	GLOSSARY OF TERMS		88