CAG to explore new audit areas

Panjim Comptroller and Auditor General of India will be exploring new audit areas, like extraction industries underwater and releasing more reports as the apex government auditor adopts end-to-end digital framework from this fiscal year.

In a media interaction post the three-day SAI20 Summit under the Indian Presidency of the G20 here, CAG Girish Chandra Murmu also stressed the need for data standardisation to make audits easier and faster. The CAG, he said had held a seminar with respective departments and ministries in this regard. They have agreed to certain level of data standardisation “We surpassed the ten years record last year. It (audit reports) will further increase. Data processing and report preparation will be faster,” he said and added the CAG will adopt end-to-end digitalisation to prepare audit reports. The CAG audit reports are placed before Parliament and state legislative assemblies. The apex auditor would be exploring new audit areas, like shipping and extraction industries underwater, Murmu said.