India, Nov. 27 -- The Comptroller and Auditor General of India, K Sanjay Murthy, on Wednesday inaugurated CoEFA here to drive the modernisation of financial audits through advanced technologies, including data analytics, research and capacity building.

Murthy said the Centre, established under the Director General of the National Academy of Audit and Accounts (NAAA), Shimla, will strengthen the academy's capabilities in the crucial area of financial auditing.

The Centre of Excellence for Financial Audit will focus on delivering faster and more efficient financial audits using technology, he said.

"This will be the fourth specialised centre under the department, after the ones in Noida, Jaipur and Rajkot, which focus on IT audits, envir...