The examination of public enterprises by the Committee takes the form of comprehensive appraisal or evaluation of performance of the undertaking. It…
CA Final · Advanced Auditing, Assurance and Professional Ethics · PYQS · May 2026
The examination of public enterprises by the Committee takes the form of comprehensive appraisal or evaluation of performance of the undertaking. It involves a thorough examination, including evaluation of the policies, programmes and financial working of the undertaking. Therefore, the Parliament and the State Legislatures have, for this purpose, constituted specialized Committees. Funds were approved to procure medical equipment for district hospitals. Audit reports show that 30% of the equipment remains unused due to lack of trained staff. Which Committee can bring to the notice of the house that the particular policy is not leading to the desired results or is leading to waste:
Suggested Answer and Working Notes:
Correct Answer: Option (D)
Estimates Committee.
Topics: Standard on Auditing (SA), Reporting
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