CAG push for digital audits: AI tools unearth fraud cases in states; remote monitoring to expand nationwide
K Sanjay Murthy of CAG emphasized using AI and ML in forensic auditing. He spoke at the Conference of State Finance Secretaries in New Delhi. Digitization of auditing processes is a top priority. It ensures remote audits and timely reporting. States are adopting digital tools for better financial management. AI/ML can help find fraudulent practices.
K Sanjay Murthy of CAG emphasized using AI and ML in forensic auditing. He spoke at the Conference of State Finance Secretaries in New Delhi. Digitization of auditing processes is a top priority. It ensures remote audits and timely reporting. States are adopting digital tools for better financial management. AI/ML can help find fraudulent practices.
