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CAG Urges Auditors To Use It Tools For Optimizing Resources

The INTOSAI Working Group on IT Audit is a Working Group under the Knowledge Services and Knowledge Sharing Committee (Goal-3) of the International Organisation of Supreme Audit Institutions (INTOSAI).

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The Comptroller and Auditor General of India have urged the auditors to make greater use of data analytics, Artificial Intelligence, and Machine Learning for optimizing efficient use of their scarce resources.  

G C Murmu, Comptroller and Auditor General of India during the e-seminar on "IT Audit in the Era of Industrial Revolution 4.0: Opportunities and Challenges" of International Organisation of Supreme Audit Institutions (INTOSAI), WGITA said, in the fourth industrial revolution, audit professionals, especially Information Technology auditors, must prepare themselves to face multi-faceted changes and challenges. This Revolution has created an excellent opportunity for the INTOSAI and Working Group on IT Audit (WGITA) to equip its members with practical knowledge and work procedures for addressing the emerging IT risks.

G C Murmu, in his virtual address, highlighted that India is witnessing a a massive digital transformation in the spheres of infrastructure, public policymaking,, and governance. India has currently more than 750 million broadband subscribers so far, mainly mobile users. The trinity of mobile telephony, unique biometric identity,, and electronic banking, is being used for the world’s largest direct benefit transfer to millions of people. These developments have helped protect the people from poverty during the risks and uncertainties of the Covid-19 pandemic. Such initiatives are now fundamental in making the public service delivery efficient and transparent, as well as ensuring trust in public entities and their governance.

The INTOSAI Working Group on IT Audit is a Working Group under the Knowledge Services and Knowledge Sharing Committee (Goal-3) of the International Organisation of Supreme Audit Institutions (INTOSAI). 

Meanwhile, the e-seminar was hosted by Dr. Agung Firman Sampurna, the Chairman of the Audit Board of the Republic of Indonesia. SAI Indonesia presented its initiative in auditing the National Cybersecurity Resilience. The Information Systems Audit and Control Association (ISACA) presented on Information Security Auditing: New Concerns of IT Auditors. 


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G C Murmu comptroller and auditor general of india