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July 2025

Artificial Intelligence (AI) and the Future of Chartered Accountancy

By Ninad Karpe, Chartered Accountant
Reading Time 10 mins
 

“I DON’T BELIEVE AI WILL REPLACE CHARTERED ACCOUNTANTS, BUT I DO FIRMLY BELIEVE THAT THOSE WHO UNDERSTAND AND LEVERAGE AI WILL REPLACE THOSE WHO DON’T.”

Some perceive AI as a big threat to the profession, while others perceive it as a big opportunity. Is it like seeing a glass half full or half empty, or does it have some deep nuances? What is in store for the CA Profession with the advent of AI? Can we ignore it, or do we have to embrace it? CA Ninad Karpe answers these and several other questions in an interview with BCAS.

Ninad Karpe is the Founder of Karpe Diem Ventures, which invests in early stage startups in India. He is also the Founder & Partner at 100X.VC, India's pioneering early-stage VC firm that has invested in 180 startups through the innovative iSAFE note model. Widely known as a “startup whisperer” for his sharp insights and no-nonsense advice, Karpe earlier served as MD & CEO of Aptech Ltd. and as MD of CA Technologies India. Karpe has authored the business strategy book “BOND to BABA” and served as Chairman of CII Western Region (2017-18). Passionate about storytelling and creativity, he has also produced four Mara