India’s audits are increasingly focusing on cyber security: CAG

During the conference, discussions were held on Integrating emerging technologies in audit with focus on Artificial Intelligence and cyber security.

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[Photo : SNS]

February 8, 2023

NEW DELHI – Comptroller and Auditor General of India (CAG) Girish Chandra Murmu has appreciated the initiative of SCO Member SAIs in integrating new and emerging technologies in audit practices to enhance audit efficiency, effectiveness, and promoting transparency and accountability in public administration.
The CAG highlighted that SAI India was at the forefront in using innovative technology and AI to enhance audit processes for agile and risk-based examination of structured as well as unstructured data.
SAI India’s audits are increasingly focusing on cybersecurity with audit personnel inspecting information system controls, third-party management, governance, documentation, user access controls, and legal compliance to ensure effective oversight and compliance, he said.
The CAG during his speech on the closing session of the 6th SCO Heads of Supreme Audit Institutions (SAIs) here on Tuesday thanked the SCO SAIs for their cooperation in making the meeting happen reaffirmed the importance of the exchange of best practices between the SCO SAIs.
He emphasised that the conference reiterated SAIs commitment to work for achieving better audit results and create significant scope to improve the depth, accuracy, and timeliness of the audit products.
During the 2 day international conference, discussions were held on Integrating emerging technologies in audit with focus on Artificial Intelligence and Cyber-security. Around 30 delegates from the SCO SAIs of India, Kazakhstan, China, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan and SCO Secretariat were present.
The SCO Member SAIs unanimously decided to hold the next meeting of SCO Member SAIs in Tajikistan in 2025.

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