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CAG building infra & processes to harness AI&ML: Sanjay Murthy

Business Standard LogoBusiness Standard5h ago

CAG building infra & processes to harness AI&ML: Sanjay Murthy - Business Standard

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India's apex auditor is building the necessary infrastructure and processes to harness artificial intelligence (AI) and machine learning for auditing processes and to audit AI applications themselves as the country aims to become a USD 30-trillion economy by 2047, CAG K Sanjay Murthy said.

Speaking at the World Forum of Accountants hosted by ICAI on Saturday, Comptroller and Auditor General (CAG) Murthy said a USD 30-trillion economy will be necessarily digital, as organisations expand into emerging areas, and global champions are born.

"Adopting new technologies would help bring required efficiencies in the accounting and auditing processes.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-02 @ 19:01:30 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 632 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25727183

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 167 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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