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Re: Use of Artificial Intelligence (AI) in various areas of CA Practice: Need for Practical Training.
Dear Sir,
I read with interest an article by Shri Raman bhai Jokhakar, titled, ‘Chatting up about India: Technology Not Just about a Few, But for All’, in the September 2023 issue of BCAJ, and other articles on use of technology by CAs in the fields of Accountancy, Auditing, Data Analysis, Big Data, Forensic Investigations, etc., in recent issues of BCAJ and ICAI Journal.
Now, it is well established that AI and other technology tools are here to stay, and technology is advancing at a very rapid clip, and the same can be and should be deployed in our profession.
The next stage is providing practical training to our Members in the use of AI and other technology tools in various areas of CA practice. BCAS has been conducting various long-duration programs on subjects such as GST, FEMA, DTAA, Transfer Pricing, etc.
I would request the President to urgently organise training programs on the various AI tools and other technology tools on a regular basis so that our Members are equipped to use the same in their practice. The same has become very imperative as the compliance burden has increased, timeli