ICAI And MeitY Are Collaborating To Develop An AI Audit Tool To Monitor Corporate Performance And Detect Fraud

The Institute of Chartered Accountants of India (ICAI) has begun discussions with the Ministry of Electronics and Information Technology (MeitY) to build an AI Audit Tool for monitoring corporate India and detecting fraud. The ICAI President, Ranjeet Kumar Agarwal, has acknowledged that a proposal has been made to MeitY Secretary Krishnan.

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