India took over the Chair of Assembly and Governing Board of ASOSAI

India on 29 February 2012 took over the chair of assembly and governing board of Association of Supreme Audit Institutions (ASOSAI). Vinod Rai, Comptroller and Auditor General of India is the new chairman of the 45-nation strong Asian Organization of the Institutions of the Accountants General. ASOSAI is the largest regional organisation of the government auditors. India took over the post of chairman from Pakistan. The objective of ASOSAI is to promote understanding and cooperation among member institutions through exchange of ideas and experiences in the sector of public audit.

The ASOSAI is not merely an auditor of financial transactions of the Government. It is also the promoter of an organisations’ performance and to act as a powerful trustee of public good. Growing demands from stakeholders to know more about performance and results has changed the perception of the role of the Auditors General in most nations.