New Delhi: The Comptroller and Auditor General of India, G C Murmu, has urged the auditors to make far greater use of data analytics and Artificial Intelligence and Machine Learning for optimizing efficient use of their own scarce resources and also effectively meeting the requirements and needs of their stakeholders.
The Comptroller and Auditor General of India has been elected as the Chairman of Assembly of Asian Organization of Supreme Audit Institutions (ASOSAI) from 2024-2027 and India will host the 16th Assembly of ASOSAI in 2024. The 56th Governing Board of ASOSAI elected Murmu and the approval was conveyed by the 15th Assembly of ASOSAI today. The CAG, as the Chairman, will be the Chief Executive of ASOSAI and represent ASOSAI in its dealings with national and international organizations.
After the election, the CAG assured the members that during SAI India’s three-year term as Chair of the ASOSAI, SAI India will focus on the areas of environment audit and leveraging emerging technologies for audit.
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Murmu said, "SAI India will seek active participation of members to create process and structures within ASOSAI to address the challenges faced by SAIs in our region in dealing with Big Data with an aim to leverage on artificial intelligence, machine learning and collaborative remote access data audits. In fact, these emerging technologies will also help in augmenting existing audit competence as well as accelerate capacity building for performance audit, apart from regular financial certification audit. SAI India believes that the use of IT and other advanced emerging technologies are the foundation pillars of achieving the SDGs; it becomes imperative for SAIs to integrate these tools in their auditing practices.”
Murmu informed the members about the state of the art training facilities, IT infrastructure and tools established by SAI India to make our auditors future-ready. This vast network of training facilities includes the International Centre for Information Systems & Audit (iCISA), Centre for Data Management & Analytics (CDMA), the International Centre for Environmental Audit & Sustainable Development (iCED), the National Academy of Audit & Accounts, and the 12 Regional Training Centres. Till now, SAI India has trained 6183 auditors across the world and have been handholding many SAIs within and outside ASOSAI in emerging areas of audit, he added.
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The ASOSAI is one of the Regional Groups of the International Organization of Supreme Audit Institutions (INTOSAI) which aims to promote understanding and cooperation among member institutions through the exchange of ideas and experiences in the field of public audit.
Established in 1979 with 11 members, the membership of the ASOSAI consists of Charter Members, Members and Associate Members. The membership has since grown to 47 SAIs. The Assembly consists of all members of the Organization and meets once in three years.
