The Comptroller and Auditor General of India is establishing a Centre of Excellence in Hyderabad to modernise audit methods and strengthen fiscal transparency. The centre aims to upgrade audit capability, integrate global standards, and address rising complexities in public financial management.

BulletsIn

•  CAG launching national Centre of Excellence in Hyderabad
• Goal: modern, standardised financial audit system
•  Focus on stronger fiscal transparency for public finances
•  Hub for global best practices adapted to Indian needs
•  Research and professional training for auditors
•  Push for data-analytics and AI-driven audit workflows
•  Shift from sample testing to full-dataset audits
•  Incorporation of ESG criteria in audit coverage
•  Bridging gap between audit and accounts for better data use
•  Move signals major institutional modernisation in oversight