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flag India launches AI-powered audit center in Hyderabad to modernize financial oversight.

flag The Comptroller and Auditor General of India has established a Centre of Excellence for Financial Audit in Hyderabad to boost audit standards, innovation, and research. flag The move, announced at the 32nd Accountants General Conference, supports a shift toward data-driven, AI-powered audits using tools like the indigenous CAG-LLM. flag The initiative aims to transition from sample-based to full-data audits, enhance accuracy, and integrate ESG factors. flag It also includes a new research award scheme and efforts to unify audit and accounts functions, reinforcing fiscal transparency and accountability in public finance.

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