The AI Revolution in Indian Accounting: A Landscape Analysis and Future Trends

Authors’ note: Reference has been made to certain software/tools/websites in this article only to highlight what is happening in the world in the context of AI. We have no intention of marketing or promoting any of these software/tools/websites.

INTRODUCTION

The world is on the brink of an AI revolution, with artificial intelligence reshaping industries by automating decisions, optimising workflows, and learning new things from data more effectively than before. From healthcare and logistics to finance and education, AI is transforming traditional systems, and accounting is no exception. What was once a field dominated by meticulous, manual work is now being rapidly redefined by AI-driven automation and real-time insights. And it’s not just in big firms or flashy start-ups. From CA offices in Mumbai and Delhi to practitioners in Surat or Bhopal, AI is becoming a part of daily life.

Also, this isn’t just about using a new tool. It’s about learning a new way to think, work, and grow as professionals.

Accounting, by its very nature, is rule-based, repetitive, and highly structured, making it uniquely suited for AI disruption. Tasks like ledger reconciliations, invoice processing, and compliance checks, which once took hours,