What's New :
Join Our Open Mentorship Sessions, Register here...
UPSC Interview Guidance Program. Register here...

Using AI for audit techniques

  • Published
    4th Oct, 2023


The importance of ethical AI in auditing has been included to solve the challenges faced by the Comptroller and Auditor General (CAG) cannot be ignored.

Ethical and Inclusive AI for Reliable Auditing

  • Ethical AI Foundation: Responsible AI is vital for credible, trustworthy, and scalable audits by the Comptroller and Auditor General (CAG).
  • Data Quality Assurance: Accurate, timely, complete, and relevant data is imperative to prevent inaccurate audit findings.
  • Data Bias Caution: Vigilance is required when using data from unauthorised sources like social media, prone to biases and manipulation.

Need for AI Regulation and Global Precedents

  • EU AI Act: The EU's AI regulations require developers to seek approval before commercial release and restrict biometric surveillance and social scoring.
  • Intellectual Property Concerns: AI-generated content raises copyright infringement and intellectual property rights issues.
  • Global AI Safety Initiatives: Elon Musk's "Truth GPT" and UK Prime Minister's AI safety regulation highlight the challenges and importance of ethical AI.

Challenges in AI Auditing

  • Data Standardisation: CAG faces data integration challenges from various government entities; synchronisation is essential.
  • Capacity Building: Auditors need AI technology familiarity and expertise, collaboration with data professionals.
  • Compliance and Risk Management: Adoption of AI auditing frameworks, addressing AI domain risks, ensuring data security and privacy.
    You must be logged in to get greater insights.
    GS Mains Classes GS Classes 2024 GS Classes 2024 GS Classes 2024 UPSC Study Material

    Verifying, please be patient.

    Our Centers

    DELHI (Karol Bagh)

    GS SCORE, 1B, Second Floor, Pusa Road, Karol Bagh, New Delhi - 110005 (Beside Karol Bagh Metro Station Gate No. 8)

    Get directions on Google Maps

    BHUBANESWAR (Jaydev Vihar)

    GS SCORE, Plot No.2298, Jaydev Vihar Square, Near HCG Day Care, BBSR - 751013

    Get directions on Google Maps

    LUCKNOW (Aliganj)

    GS SCORE, 2nd Floor, B-33, Sangam Chauraha, Sector H, Aliganj, Lucknow, UP - 226024

    Get directions on Google Maps

    Enquire Now