Adopting AI into audit techniques for effectiveness Why in Ne | UPSC SSC Exam Current Affairs and Study Notes

Adopting AI into audit techniques for effectiveness

Why in News?

As artificial intelligence (AI) is making “greater inroads” into governance, the Comptroller and Auditor General (CAG) of India said that Supreme Audit Institutions (SAIs) must prepare themselves for auditing AI-based governance systems.

He was addressing the second SAI20 Summit of the SAI20 Engagement Group under the Indian Presidency of the G20. 

SAI20:

The SAI20 Engagement Group of G20 was established during 2022 during Indonesia’s Presidency of the G20.

The constitution of SAI20 stems from a recognition of the role of SAIs in promoting the good governance, efficiency, accountability, and transparency of public administration, and supporting SDG implementation.

This mandate is achieved through engaging actively and effectively with the entire spectrum of stakeholders, from audited entities and governments to media and the civil society.

The Second SAI20 Summit:

It began in Goa under India's G20 Presidency and aligned with the main theme of the Indian Presidency of G20 which is Vasudhaiva Kutumbakam - the World as One Earth, One Family and One Future.

According to the Indian CAG, the SAIs has a crucial role to play in the audit of Blue Economy and Responsible AI to optimise their positive impact on humankind.

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