The two- day event featured panel discussions and thought-provoking sessions by global AI experts, tech industry leaders, policymakers, and academicians. These discussions delved into crucial aspects of exploring the transformative potential of artificial intelligence (AI) in the fields of accounting, audit, tax, and governance, under the theme "Transforming Accounting, Audit, Tax, and Governance." AIS 2024 underscores ICAI’s commitment to harnessing AI’s power to drive innovation, empowering professionals, and reshaping the work paradigms.
The summit was inaugurated by CA. Ranjeet Kumar Agarwal, President of ICAI; CA. Charanjot Singh Nanda, Vice-President of ICAI along with CA. Dayaniwas Sharma, Chairman, AI in ICAI; CA. Umesh Sharma, Vice Chairman, AI in ICAI. Also present were Central and Regional Council Members of ICAI.
ICAI introduced CA GPT on July 1st for the benefit of the members in practice, in industry and business. Building on this initiative, an exclusive Certificate Course on AI for Members was launched today. To further enhance and upskill members' learning experiences, a publication featuring 100 AI tools for financial and accounting functions specifically for CAs was also released.
Entera has been developing AI-based software for automated data entry into accounting systems like Tally, Quickbooks, Zoho Books and others for more than 6 years. From 2022 Entera focuses on the Indian market and develops partnership with key experts in tax and accounting services, CA's associations, software providers to increase technological influence on one of the most conservative business area – accounting and taxes.
Nick Kruts, CEO of Entera Global, about the AIS 2024 Conference: The AIS2024 Conference is a really amazing and inspiring event! I was personally glad to face a great interest from visitors, to answer questions about AI-technology and real business value for CA’s and accountants. I absolutely agree with СA Mahaveer Singhvi, that AI has a great potential for future and efficiency and we all together could impact technological leadership in this field.
Additionally, Entera sponsored a lottery with a grand prize of 100,000 Indian rupees! We are delighted to congratulate the winners!