AI Empowering Chartered Accountants in India, ETCFO
The growing use of synthetic intelligence (AI) is revolutionising the accounting occupation, making chartered accountants (CAs) extra technologically adept and future-ready, stated CA Charanjot Singh Nanda. He’s the president of the Institute of Chartered Accountants of India (ICAI) and was talking on the inaugural session of the AI Innovation Summit 2025 in Pune.
The 2-day nationwide summit, themed “Remodeling Accounting, Audit, Tax and Governance,” was organised by ICAI at Baner and drew participation from greater than 1,000 CA members, college students and dignitaries.
“AI is the long run. Indian Chartered Accountants should not solely perceive this expertise but additionally study to harness its full potential. ICAI has launched structured certificates coaching programmes and is incorporating AI into the CA curriculum from 2027. Over 500 AI coaching classes have been held to date, coaching 25,000 CAs throughout the nation,” Nanda stated.
Prasanna Kumar D, vice-president of ICAI, stated AI has turn into inseparable from the accounting occupation.
“There isn’t any various to adapting to AI. Lakhs of CAs and college students are already utilising these instruments. We should dismiss fears about job loss—AI will create over 1.25 crore jobs sooner or later. For many who adapt and upskill, this can be a wealth of alternative,” he stated.
