The CAG brought out a Big Data Management Policy
Achieving the first milestone in Big Data Analytics, Indian Comptroller and Auditor General (CAG) is now equipped with a centre for Data Management and Analytics (CDMA). This will help the CAG to enhance the efficiency and accuracy of evidence in the audit process. It will be “a game changer in the field of public audit”, as per Shashi Kant Sharma, the Comptroller and Auditor General of India.
The CDMA aims to build up capacity in the Indian Audit and Accounts Department in Big Data Analytics to exploit the data rich environment in the Union and State Governments. This initiative focuses on development of in-house capacity covering the entire workforce under CAG.
Sharma hinted that the Centre will be located in a separate building once an appropriate location is identified.
Prior to the setting up of the Centre, the CAG brought out a Big Data Management Policy for the Indian Audit and Accounts Department. A task force was set up to study the policy document and recommend its implementation. The Task Force in May 2016 recommended setting up this Centre. The Centre is to be equipped with latest analytic tools and infrastructure to assist and guide the Data Analytic Groups constituted in all audit offices of CAG across the country through setting up the data management protocols and steering the data analytic capacity of the department.
Interestingly, CAG of India is also a member of an international project on ‘Data Analytics’ under the Working Group on IT Audit of International Organisation for Supreme Audit Institutions. And this initiative will puts it amongst the pioneers in institutionalizing data analytics in government audit in the international community.