The Institute of Cost Accountants of India
(Statutory body under an Act of Parliament)
The Institute submitted a representation on the subject ‘Criterion for selection of Cost Auditors in PSUs’ to the Director General, SCOPE with copies marked to Chief Vigilance Commissioner, Secretary-MCA and Department of Public Enterprises and subsequently held a meeting of President with the DG-SCOPE, SCOPE on the matter.
In response to this representation the Chief Vigilance Commissioner has referred to the Manual of Policies and Procedure of Employment of Consultants , published by the Department of Expenditure, Ministry of Finance, Government of India. This manual includes the selection criteria for appointment of consultants (which includes Auditors also) by the Government Departments. On request of the Institute, the DG-SCOPE has forwarded this manual to all PSUs for consideration.
Communication to PSUs by DG-SCOPE
Manual of Policies and Procedure of Employment of Consultants
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