CAG to Establish Centre of Excellence for Financial Audit in Hyderabad.

The Comptroller and Auditor General of India (CAG) recently announced the establishment of a Centre of Excellence for Financial Audit in Hyderabad.

“This national hub is envisioned to be at the forefront of innovation, research, and professional development in financial auditing,” AM Bajaj, Deputy CAG, told reporters. The Centre is expected to serve as an incubator for global best practices, foster advanced skills, and drive the standardisation of high-quality financial audit methodologies across the department.

Bajaj emphasized that this institutional investment reflects a commitment to strengthening fiscal trust and transparency. “By creating a dedicated Centre of Excellence, the CAG’s institution is reinforcing its role as the supreme audit institution, ensuring that its practices not only meet but also set global benchmarks for excellence in this domain,” he said.