The Institute of Chartered Accountants of India (ICAI) has announced plans to train 15,000 chartered accountants (CAs) on artificial intelligence (AI) in an effort to enhance their skills and stay relevant in the rapidly changing business landscape.
The ICAI recognizes the growing importance of AI in the accounting and finance profession, and believes that CAs need to be equipped with the necessary skills to work effectively with AI technologies.
The training program, which will be conducted in phases, will cover various aspects of AI, including machine learning, natural language processing, and data analytics. The program will also focus on the practical applications of AI in accounting and finance, such as auditing, taxation, and financial reporting.
By training its members on AI, the ICAI aims to enable them to provide more value-added services to their clients, and to stay ahead of the curve in terms of technology adoption. The institute believes that AI will play a critical role in shaping the future of the accounting profession, and is committed to ensuring that its members are well-equipped to thrive in this new era.
