Comptroller and Auditor General of India Shashi Kant Sharma today inaugurated here the Centre for Data Management and Analytics which will synthesise and integrate relevant data for auditing.
“The CAG’s Centre for Data Management and Analytics (CDMA) is going to play a catalytic role to synthesise and integrate relevant data into auditing process,” Sharma said, while inaugurating the centre.
He said CDMA will help in enhancing the efficiency and accuracy of evidence in the audit process and will be a game changer in the field of public audit.
A brainchild of Sharma, CDMA aims to build capacity in the Indian audit and accounts department in big data analytics to exploit the data-rich environment in the union and state governments, said a release.
This initiative focuses on development of in-house capacity covering the entire workforce working under him, it added.
Sharma said this was only the first milestone in the field of big data analytics. The centre, in future, will be located in a separate building once an appropriate location is identified.
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. This will be done via setting up the data management protocols and steering the data analytic capacity of the department.