“"They (CAG auditors) are the best in the world. Both developing and developed countries send their auditors to train with us at our academies. Effectiveness and robustness of our processes have led us to being appointed auditor for global agencies." - Vinod Rai at a seminar on 'Public Accountability and the Role of CAG' organized by the Institute of Public Auditors of India at New Delhi on 28/03/2012.”

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Vinod Rai8

Comptroller and Auditor General of India 1948

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“They (CAG auditors) are the best in the world. Both developing and developed countries send their auditors to train with us at our academies. Effectiveness and robustness of our processes have led us to being appointed auditor for global agencies.”

Vinod Rai (1948) Comptroller and Auditor General of India

Vinod Rai at a seminar on 'Public Accountability and the Role of CAG' organized by the Institute of Public Auditors of India at New Delhi on 28/03/2012.

“"We are incapable of making fundamental errors as being discussed in media. Our report will make clear all doubts on fallacies (that are) being talked about." - Vinod Rai at a seminar on 'Public Accountability and the Role of CAG' organized by the Institute of Public Auditors of India at New Delhi on 28/03/2012.”

Vinod Rai (1948) Comptroller and Auditor General of India

“"We are not in the business of finding faults. But when we detect some loopholes during the process of audit, we advise the executive to plug those loopholes." - Vinod Rai at a seminar on 'Public Accountability and the Role of CAG' organized by the Institute of Public Auditors of India at New Delhi on 28/03/2012.”

Vinod Rai (1948) Comptroller and Auditor General of India

“One of the uses of depression is the exposure of what auditors fail to find.”

John Kenneth Galbraith book The Great Crash, 1929

Chapter VII https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929, Aftermath I, Section II, p 135 <br class="br">The Great Crash, 1929 (1954 and 1997 https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929)

“The Chartered ccountants by virtue of their qualifications, experience and training can render valuable services in these difficult times in areas which are vital to economic and industrial growth. It should be the duty of the members of the profession in the Northern India Regional Council, apart from examining accuracy of transactions, the modern auditor should also look into the propriety of such transactions… the profession has to develop uniform accounting principles, standard terminologies and precise definitions of various accounting concepts. This was desirable from the point of view of providing reliable information in the financial statements for the benefit of the intending investors, members of the public, government agencies and financial institutions. This will enable individuals and organisations to form a fairly accurate judgment of the financial position by a study of the audited financial statements of companies.”

Fakhruddin Ali Ahmed (1905–1977) the fifth President of India and a politician

Source: From the Desk of the Chairman... http://nirc-icai.org/Newsletter/NewsletterFebruary2012.pdf, Northern India Regional council of the ICAI, News Letter, February 2012

“Of all the ills of man which can be successfully processed by Scientology, arthritis ranks near the top. In skilled hands, this ailment, though misunderstood and dreaded in the past, already has begun to become history. Twenty-five hours of Scientology by an auditor who fairly understands how to process arthritis can be said to produce an invariable alleviation of the condition. Some cases, even severe ones, have responded in as little as two hours of processing, according to reports from auditors in the field.”

L. Ron Hubbard (1911–1986) American science fiction author, philosopher, cult leader, and the founder of the Church of Scientology

Journal of Scientology Issue 1-G, (1952).

“People attack Scientology, I never forget it, always even the score. People attack auditors, or staff, or organizations, or me. I never forget until the slate is clear.”

L. Ron Hubbard (1911–1986) American science fiction author, philosopher, cult leader, and the founder of the Church of Scientology

Manual Of Justice (1959).

“Six Sigma has forever changed GE. Everyone—from the Six Sigma zealots emerging from their Black Belt tours, to the engineers, the auditors, and the scientists, to the senior leadership that will take this Company into the new millennium—is a true believer in Six Sigma, the way this Company now works.”

Jack Welch (1935) American executive: General Electric CEO

Cited in: Peter S. Pande, Robert P. Neuman, and Roland R. Cavanagh. The six sigma way. McGraw-Hill,, 2000. p. 4

“We have called attention to this difficulty with respect to fiscal accountability. We hold that once the Congress has made an appropriation, an appropriation which it is free to withhold, the responsibility for the administration of the expenditures under that appropriation is and should be solely upon the Executive. The Executive then should be held to account through an independent audit made by an independent auditor who will report promptly to the Congress his criticisms and exceptions of the actions of the Executive.”

Louis Brownlow (1879–1963) American mayor

Source: Administrative management in the government of the United States. 1937, p. 43

“A developed country is not a place where the poor have cars. It's where the rich use public transportation.”

Enrique Peñalosa (1954) Colombian politician

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