CAG appointed external auditor for two UN agencies
September 30th, 2011 - 9:30 pm ICT by IANSNew Delhi, Sep 30 (IANS) The Comptroller and Auditor General of India (CAG) has been appointed the external auditor of two major United Nations agencies - the International Atomic Energy Agency and the World Intellectual Property Organisation - an official statement said Friday.
Both these organisations have traditionally been the stronghold of the developed world and it is for the first time that they have appointed auditors from outside Europe.
These appointments were made in the face of competition from other developed countries like Britain, Spain and Norway.
The International Atomic Energy Agency (IAEA) is based in Vienna and the World Intellectual Property Organization (WIPO) is headquartered in Geneva.
“These appointments for organisations such as IAEA and WIPO, which are specialised agencies, is a recognition of the professional capabilities of the CAG`s auditing talent pool,” the finance ministry said in a statement.
The CAG of India is on the panel of external auditors of the United Nations and its agencies.
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