ICAI Launches Advanced AI Certification and Signs MoU with Sarvam AI at Innovation Summit
NEW DELHI: The Institute of Chartered Accountants of India (ICAI) on Friday inaugurated the two-day AI Innovation Summit (AIS) 2026 at Bharat Mandapam in New Delhi, bringing together over 4,000 delegates from India and abroad to discuss the growing role of artificial intelligence (AI) in accounting, auditing, taxation and governance.During the inaugural session, ICAI launched the AICA Level 3 Advanced AI Certification Program for Chartered Accountants and signed a Memorandum of Understanding (MoU) with AI startup Sarvam AI to collaborate on AI training, capacity building, research and professional development. Union Culture and Tourism Minister Gajendra Singh Shekhawat inaugurated the summit.ICAI launches AICA Level 3, in association with Sarvam AIThe newly launched AICA Level 3 program is designed for ICAI members who have completed Level 2 certification. The institute also published a publication titled AI Essentials for Chartered Accountants, a practical guide aimed at helping professionals understand and adopt artificial intelligence.The MoU with Sarvam AI will focus on AI competency, professional development, joint research, seminars, workshops and development of AI-focused learning resources for Chartered Accountants.Union Minister highlights AI prioritiesAddressing the gathering, Shekhawat said, “The Institute of Chartered Accountants of India has built a profession based on financial trust, with Chartered Accountants playing a pivotal role in the transformation of the nation. ICAI is leading global transformation and has the potential to emerge as the world’s ‘Global Trust Institute’ by leading the development of AI. trust.” You don’t just certify a company’s balance sheet; validate and safeguard investor confidence and maintain the nation’s economic confidence.”He also outlined eight priorities for the AI-powered future, including data integrity, eliminating algorithm bias, strengthening cybersecurity, addressing financial risks related to deep counterfeiting, ensuring machine accountability, promoting continuous reskilling, enabling agile regulations, and advancing climate finance and ESG.
ICAI launches AICA Level 3 and signs Sarvam AI MoU at AI Innovation Summit 2026
Summit focuses on AI and emerging technologiesICAI President CA Prasanna Kumar D said, “Innovation is redefining every facet of the accountancy profession, and Chartered Accountants must lead this transformation with confidence, competence and integrity. Through AIS 2026, ICAI is creating a collaborative ecosystem where technology, governance and professional excellence converge to empower our members to become architects of India’s digital economy and trusted partners in the Viksit Bharat 2047 vision. Leading from the front, ICAI has trained over 50,000 members in AI and developed over 150 GPT-based tools to empower members and streamline professional practice.”According to ICAI, the summit features more than 50 speakers and more than 50 AI innovation exhibits, with discussions on generative AI, digital finance, data analytics, cybersecurity, blockchain, automation, ESG and the future of information and financial assurance.ICAI Vice President CA Mangesh Kinare said, “The future belongs to professionals who continuously adapt, innovate and create value. AIS 2026 reflects ICAI’s unwavering commitment to foster technological excellence and equip accountants with the capabilities needed to navigate emerging opportunities in an evolving business landscape.”The two-day summit has brought together government officials, policy makers, regulators, technology leaders, academics, business founders, researchers, students and accounting professionals from India and abroad.
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