ICAI Leverages AI for Chartered Accountants' Growth
By Rediff Money Desk, Kolkata Aug 24, 2024 13:51
The Institute of Chartered Accountants of India (ICAI) is using AI to enhance professional development for students and members, with a focus on education and operational efficiency.

Photograph: Kind courtesy Movie Ex Machina
Kolkata, Aug 24 (PTI) The Institute of Chartered Accountants of India (ICAI) is planning to harness the potential of artificial intelligence for the professional growth of students and members, its president Ranjeet Kumar Agarwal said.
He said ICAI has set up a committee 'AI in ICAI' to explore how the idea can be leveraged, and will also explore and prepare a roadmap for using it in the operations of the institute.
The official said a similar 'ICAI CA GPT' was launched in July 2024 for the members and students.
ICAI has also come up with an initiative to educate the masses about the basics of taxation, banking, insurance and other areas related to finance, Agarwal said.
Besides, the institute is conducting certificate courses for accountants of panchayats and municipal bodies, he added.
He said ICAI has set up a committee 'AI in ICAI' to explore how the idea can be leveraged, and will also explore and prepare a roadmap for using it in the operations of the institute.
The official said a similar 'ICAI CA GPT' was launched in July 2024 for the members and students.
ICAI has also come up with an initiative to educate the masses about the basics of taxation, banking, insurance and other areas related to finance, Agarwal said.
Besides, the institute is conducting certificate courses for accountants of panchayats and municipal bodies, he added.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 8.83 ( -3.18)
- 23203232
- Srestha Finvest
- 0.66 (+ 1.54)
- 12632274
- Quadrant Televenture
- 0.54 (+ 3.85)
- 12236090
- Murae Organisor
- 1.94 (+ 4.86)
- 11379645
- Spright Agro
- 7.37 (+ 4.99)
- 10850733
MORE NEWS

India Calls for Just Energy Transition, Role of...
India advocates for a balanced energy transition, emphasizing the role of fossil fuels...

TCS to Modernize Muscat Clearing & Depository
TCS will modernize the depository system of Muscat Clearing and Depository (MCD) in...

Crude Oil Futures Fall on Weak Global Demand
Crude oil futures declined in India due to weak global demand, with participants...