A department named State Audit Directorate will be formed in Haryana

• 11 May 2023

Why in News?

The Haryana Cabinet, which met under the chairmanship of Chief Minister Manohar Lal on 9 May 2023, has decided to set up a new department called State Audit Directorate under the administrative control of the Finance Department to ensure transparency and accountability in public expenditure.

Key Points:

• The State Audit Directorate will conduct an internal audit of all auditable entities, departments, boards, corporations, co-operative societies, universities, local authorities, statutory bodies, public institutions and other authorities established, controlled or funded by the State Government.
• These include non-governmental organizations receiving funds, aids, grants or contributions from the Consolidated Fund and institutions that receive funds in any form from the government or publicly through the State Consolidated Fund, are also included in this audit.
• An internal audit is an adequate and effective tool for reviewing & improving internal control, identifying weaknesses & errors, evaluating & monitoring as well as checking for internal control.