In a significant move towards enhancing international cooperation in public sector auditing, the Comptroller and Auditor General of India (CAG) has signed a Memorandum of Understanding (MoU) with the UAE Accountability Authority. This agreement marks a new chapter in the bilateral relations between India and the United Arab Emirates, focusing on strengthening their respective audit institutions and promoting good governance.
Objectives of the MoU
Primary Focus Areas
The Memorandum of Understanding aims to foster collaboration between the two Supreme Audit Institutions, with a focus on:
- Knowledge Exchange: Sharing expertise, experiences, and insights in public sector auditing.
- Capacity Building: Enhancing the skills and capabilities of audit professionals in both countries.
- Best Practices: Exchanging and implementing effective methodologies in public sector auditing.
