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CAG pushes AI, digital tools to detect frauds in audits

By Martin Shwenk Leade

Copyright indiatimes

CAG pushes AI, digital tools to detect frauds in audits

Comptroller and Auditor General (CAG) of India K Sanjay Murthy on Friday said technology deployment in audits has led to the detection of frauds in the implementation of government schemes in several states, as he underscored the importance of harnessing artificial intelligence and other tools in forensic auditing.He also said that the supreme audit institution is focusing on the audits of urban local governments in areas such as ease of living, with special emphasis on 100 cities having populations greater than half a million.The focus would be on evaluating the progress made by these cities in critical areas, including ensuring the supply of essential services, promoting renewable energy and sustainable transportation systems, improving living standards and fostering a conducive environment for job creation and investment, he said. Murthy was addressing the second annual conference of state finance secretaries organised by the CAG in the capital.Add as a Reliable and Trusted News Source Add Now!
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Read More News onCAG Indiaartificial intelligence in auditingforensic auditing toolsgovernment scheme fraud detectionease of living in citiesurban local government auditsrenewable energy initiativessustainable transportation systemsK Sanjay Murthystate finance secretaries conference

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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onCAG Indiaartificial intelligence in auditingforensic auditing toolsgovernment scheme fraud detectionease of living in citiesurban local government auditsrenewable energy initiativessustainable transportation systemsK Sanjay Murthystate finance secretaries conference(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless