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July 2025

Leveraging AI for Enhanced Ca Practice: A Practical Guide To Publicly Available Models

By Narasimhan Elangovan,Chartered Accountant
Reading Time 11 mins

The post-pandemic digital transformation has accelerated professional adoption of AI-enabled tools across industries. For chartered accountants, the emergence of sophisticated AI models presents opportunities to enhance practice efficiency, analytical capabilities, and client service delivery. This guide explores how Indian CAs can strategically leverage publicly available AI models whilst maintaining professional standards and ethical obligations.

THE AI REVOLUTION IN PROFESSIONAL PRACTICE

The launch of ChatGPT in late 2022 marked a turning point in AI accessibility. What began as curiosity-driven experimentation has evolved into practical business applications across audit, taxation, advisory services, and compliance functions. By 2025, AI integration will be crucial for maintaining a competitive advantage and meeting evolving client expectations.

This transformation requires CAs to understand not merely what AI can do, but how to use it responsibly and effectively within professional frameworks. The approach involves viewing AI as an augmentation tool that enhances human expertise rather than replacing professional judgment.

CHATGPT BY OPENAI: THE FOUNDATIONAL TOOL

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