Context:
The Comptroller and Auditor-General of India (CAG) is set to leverage artificial intelligence and digitisation to modernise the country’s auditing process. A large language model (LLM) and the ‘Connect Portal’ are at the core of this transformation, aimed at improving efficiency, transparency, and consistency in audits.
Key Highlights:
AI-Powered Large Language Model (LLM)
- First version expected by November 2025.
- Trained on decades of inspection reports to capture institutional knowledge.
- Capabilities:
- Analyse large datasets efficiently.
- Generate documents, including inspection reports.
- Assist auditors in preparing comprehensive, consistent audit reports.
Digitisation of Audit Processes
- Ongoing digitisation at Central and State levels will enable remote or hybrid audits.
- This will allow near real-time monitoring and reduce physical audit dependencies.
‘Connect Portal’
- To be launched at the annual conference of State Finance Secretaries.
- Features:
- Provides 10 lakh audit entities with a unified digital interface.
- Enables entities to directly respond to audit queries, observations, and inspection reports.
- Ensures transparency and accountability in the audit process.