A. Public Accounts Committee (PAC): According to the constitutional mandate and rule 233 of the Rules of procedure of the parliament, the public accounts committee(PAC) examines the reports submitted to the parliament by OCAG. The Committee shall consist of not more than fifteen members who shall be appointed by the House.
The PAC selects important observations of the Audit reports of Parliament of Comptroller and Auditor General of Bangladesh (CAG) with the help of OCAG for detailed examination and holds hearings to the Principal Accounting Officers i.e.; the Secretaries of different Ministries/Divisions.
B. Public Estimating Committee (PEC) or Committee on Estimates: According to the rule 235 of the Rules of Procedure of the Parliament PEC is formed. The function of the Public Estimates Committee (PEC) shall be:
(1) to report what economies, improvements in organisation, efficiency or administrative reform, consistent with the policy underlying the estimates, may be effected;
(2) to suggest alternative policies in order to bring about efficiency and economy in administration;
(3) to examine whether the money is well laid out within the limits of the policy implied in the estimates; and
(4) to suggest the form in which the estimates shall be presented to the House.
C. Public Undertaking Committee (PUC): According to the rule 238 of the Rules of Procedure of the parliament PUC is formed. The function of the Public Undertaking Committee (PUC) shall be-
(1) to examine the reports and accounts of the public undertakings;
(2) to examine the reports, if any, of the Comptroller and Auditor-General on the public undertakings;
(3) to examine, in the context of the autonomy any deficiency of the public undertakings, whether the affairs of the public undertakings are being managed in accordance with sound business principles and prudent commercial practices; [the Committee shall report to Parliament on remedy of irregularities and lapses of the public undertaking and recommend measures to free the institution from corruption and, if considered necessary, a part of its report in this respect may be sent to the Government before the report is placed before Parliament;] and (4) to exercise such other functions vested in the Committee on Public Accounts and the Committee on Estimates in relation to the public undertakings;
Committee shall not examine and investigate any of the following, namely: -
(i) matters of major Government policy as distinct from business or commercial functions of the public undertakings;
(ii) matters of day-to-day administration; and
(iii) matters for the consideration of which machinery is established by any special statute under which a particular public undertaking is established.