New Delhi, Jan. 31 -- Comptroller and Auditor General K Sanjay Murthy emphasised the need for reimagining public accountability in the 21st century at the World Forum of Accountants in New Delhi.

He emphasised that public accountability is crucial to good governance and sustainable development, and that it requires a strong internal control environment, transparency, and public participation.

The CAG stressed that the accounting and auditing profession needs to adapt to emerging technologies like AI, blockchain, and data analytics to ensure effective public accountability. He also emphasised the importance of capacity building and skill upgradation for professionals to cope with new-age methods.

Key initiatives by the CAG include data-...