CAG stresses on capacity building for international auditors

Laying emphasis on capacity building for auditors of international fraternity in view of ever changing governance structures, Comptroller and Auditor General of India Shashi Kant Sharma on Saturday said that BRICS SAI (Supreme Audit Institutions) leaders have agreed to actively enhance the quality of auditors to enable SAIs to play an enhanced role in advancing economic and social development.

Stressing on the need for cooperation between the 5 SAIs especially in areas of data analytics, audit of infrastructure projects and environmental issues, Sharma said that big strides have been made by government in automating services rendered by it and in collecting, compiling and reporting data on its programme interventions.

“This has led to a digital data explosion. Big data has provided a window to the SAI auditors to examine the audited agency data along with related data from other sources,” Sharma said, adding that our institution is in the process of establishing a data analytics centre and has finalised a big data management policy to meet the big data challenges in future.