CAG of India Signs Pact with SAI Bulgaria to Boost Audit Expertise

By siliconindia  |  Friday, 19 April 2024, 02:13:59 PM IST

CAG of India Signs Pact with SAI Bulgaria to Boost Audit Expertise
The Comptroller and Auditor General of India (CAG) has signed a Memorandum of Understanding (MoU) with the Bulgarian National Audit Office (SAI Bulgaria) to enhance international cooperation in the field of auditing. The agreement, signed by the two Supreme audit institutions, aims to foster collaboration and the exchange of expertise between the two nations.
The MoU will establish a platform for knowledge and experience sharing among auditing professionals and technical teams. This collaboration includes joint training programs and mutual assistance in conducting audits, strengthening the professional capacity and audit methodologies of both institutions.
Girish Chandra Murmu, CAG of India, expressed his confidence in the MoU, stating, "Signing of the MoU between our SAIs will further strengthen our bilateral cooperation. We look forward to working closely with you and assure you of our support and commitment to energize our capacity development initiatives and exchange of knowledge and information between our SAIs".
The MoU signing ceremony was attended by Ms. Goritsa Grancharova–Kozhareva, Acting President of SAI Bulgaria, who emphasized the importance of the agreement in developing and strengthening the audit practices of both institutions.
Murmu also highlighted the broader significance of the MoU, noting that it will help solidify the existing ties between India and Bulgaria. He added that the MoU would provide opportunities for greater exchange of knowledge and experience between members of both SAIs, fostering the spirit of cooperation and friendship between the two institutions.

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