IN TODAY'S AGE of digital revolution, where technologies like Artificial Intelligence (AI), Blockchain, Cyber Security, and Data Analytics are revolutionising industries, the profession of Chartered Accountancy is no exception. As businesses harness technology for unprecedented achievements, accountants and auditors are also embracing this transformative landscape to remain ahead in the curve.
To provide teach based qualitative services to stakeholders, to stay relevant in an ever-evolving global business environment and provide effective client guidance, Chartered Accountants (CAs) are making their mark and remain updated with emerging technologies such as AI, Blockchain, Cloud Computing, Robotic Process Automation (RPA), and Machine Learning (ML).
The Institute of Chartered Accountants of India (ICAI) recognises the pivotal role of technology in reshaping the accounting profession and has initiated several pioneering endeavours to leverage its power. By blending digital proficiency with emotional intelligence, ICAI is shaping a new generation of accountants capable of navigating the complexities of the digital era.
ICAI's technological initiatives span diverse domains:
This story is from the September 09, 2023 edition of BW Businessworld.
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This story is from the September 09, 2023 edition of BW Businessworld.
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