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Union Minister of Finance and Defence and Corporate Affairs Arun Jaitley will tomorrow address the 23rd Conference of Auditors General of Commonwealth nations and 9 British Overseas Territories in New Delhi.
The Comptroller and Auditor General of India (CAG) is going to host the conference which is scheduled to be held from 21-23 March, 2017 in the national capital. This is the first time India is hosting this prestigious conference.
The conference will have the main theme of "Fostering Partnerships for Capacity Development in Public Audit" with the following two sub-themes:
1. Leveraging Technology in Public Audit and
2. Environment Audit: A Commonwealth Perspective.
The two sub-theme discussions will be led by Auditors General of Tanzania and Canada.
The conference will be attended by 52 Commonwealth Countries and nine British Overseas Territories. While some of these countries feature in most developed countries of the world, there are several which belong to Least Developed Countries (LDCs) and Small Island Developing States (SIDS).
The auditing organizations in these countries come together every three years to discuss the major challenges before them. The last such conference was held in Malta in 2014. About 80 delegates from 37 countries are expected to participate in the conference. Among the guests there will be 24 heads of Supreme Audit Institutions (SAI).
The CAG of India is a pioneering SAI in the field of Data Analytics and use of technology in Public Auditing. The CAG also heads the International Working Group on Information System Audits and provides technical assistance to various audit institutions of other countries in use of technology and conducting IT audits.
Similarly on environment related subjects, several CAG reports on water pollution, waste management, renewable energy and compensatory afforestation have been lauded nationally and internationally.
On both these aspects, Information Technology and Environment Audits - the CAG of India has its own International Training Centers at Noida and Jaipur respectively where auditors from all over the world are trained in specialized aspects of Public Auditing.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)