ISSUE 7-August 2017

From the Editor's Desk

The seventh issue of the Journal of Government Audit and Accounts is the second theme oriented edition. The theme of this issue is “Data Analytics in IA&AD”, the articles covering several initiatives taken by the Department towards use of data analysis tools for audit planning and analysis.

The lead article discusses the concepts and approach to data analytics in Audit. It provides insights on the process of accessing data, extracting data, preparing the data, using the data for analytics and interpreting the patterns and relationships in the data. The second article introduces and explains Text Analysis which allows the user to locate themes in unstructured data such as audio, video and text files.

The power of data analytics lies in its potential to assist audit by testing complete sets of data, rather than just testing samples and in aiding risk assessment through identification of anomalies and trends. Three case studies where data analysis has been put into use in field offices have been included in the issue. We also have an article written by an Officer Trainee who has worked in the data analytics industry and shares his personal experience and ideas for use of big data in audit.

The article on “Data Analytics in SAI India” narrates the systematic manner in which the Department has approached the subject, and the setting up of the “Centre for Data Management and Analytics” (CDMA) in the Office of the CAG of India. The aim of establishing the CDMA is to build capacity in the Indian Audit and Accounts Department in the space of data analytics. CDMA aims at being equipped with the latest tools and infrastructure to provide support and guidance to the data analytic groups that have been set up across field offices.

We propose to continue with the thematic approach in future issues of the journal, and the next issue will be on Revenue Audit. We look forward to your feedback and support in making the journal a vibrant and valuable tool for knowledge dissemination in the Department.

Director General
Professional Practices Group

Continue Reading

  • Data Analytics in Audit – Concept and Approach

    Data Analytics in Audit – Concept and Approach

    Public audit plays a crucial role in providing assurance on the delivery of public services to the people of a country...


  • Text Analysis

    Text Analysis

    A whole lot of data is being generated all around and it is estimated that a major chunk of it is unstructured...


  • Initiatives Of Data Aanlytics

    Initiatives Of Data Aanlytics

    1. The office of the Accountant General (General & Social Sector Audit) is a pioneer in using data analytics methods...


  • Data analysis on Health Assurance scheme

    Data analysis on Health Assurance scheme

    Government launched a medical assurance scheme to provide the cashless treatment to BPL families...


  • AC-DC Bills: Analysis and Dashboards

    AC-DC Bills: Analysis and Dashboards

    The drawal of contingent charges on items of expenditure by a State Government, for which final classification...


  • Data and Audit

    In the world of rapid digitisation ‘Data’ has become the “oxygen of the Digital World”. There is vast amount...


  • Data Analytics in SAI India

    Data Analytics in SAI India

    In today’s wired world, literally, everything is connected and every single communication of information is recorded...


  • From the International Desk

    From the International Desk

    The CAG of India occupies several important positions in INTOSAI and ASOSAI. The prominent ones among these are...


  • Important Communications

    Important Communications

    Guidance notes on-"Revised Auditing Standards, 2017"


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