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ICAI Partners with Sarvam AI to Boost AI Skills for Chartered Accountants

The collaboration will focus on AI training, capacity building, professional development, joint research, seminars, workshops and AI-focused learning resources.
Union Minister for Culture and Tourism Gajendra Singh Shekhawat with ICAI officials at the AI Innovation Summit 2026.
June 28, 2026 03:51 PM IST | Written by Supriya Singh | Edited by Pratima O Pareek

The Institute of Chartered Accountants of India (ICAI) has signed a memorandum of understanding (MoU) with Sarvam AI to strengthen AI skills, capacity building and professional development within the accounting profession.

The partnership will focus on AI training, capacity building, professional development, joint research, the organisation of seminars and workshops, and the development of AI-focused learning resources.

The MoU was signed at the AI Innovation Summit (AIS), inaugurated by ICAI on Friday. The theme of the two-day summit (26–27 June), “Transforming Accounting, Audit, Tax, and Governance,” will showcase how AI is transforming financial ecosystems by enabling smarter decision-making, enhancing compliance, driving efficiency and unlocking new strategic possibilities.

Addressing the summit as the chief guest, Gajendra Singh Shekhawat, Union Minister of Culture and Tourism, said, “ICAI is leading the global transformation and has the potential to emerge as the world’s ‘Institute of Global Trust’ by spearheading the development of AI assurance standards.”

He further highlighted eight key priorities for the AI-driven future, stressing the need for data integrity, eliminating algorithm bias, strengthening cybersecurity, addressing deepfake financial risks, ensuring machine accountability, promoting continuous re-skilling, enabling agile regulations, and advancing climate finance and environmental, social and governance (ESG) as the cornerstones of a trusted and future-ready digital economy.

ICAI also launched AICA Level 3, an advanced AI certification programme for members who have completed AICA Level 2, aimed at strengthening AI competencies within the profession. The institute also unveiled “AI Essentials for Chartered Accountants,” a practice guide for understanding artificial intelligence.

According to ICAI President CA. Prasanna Kumar D, the institute has trained over 50,000 members in artificial intelligence and developed more than 150 GPT-based tools to empower members and streamline professional practice.

Sessions at the summit will cover artificial intelligence, generative AI, digital finance, data analytics, cybersecurity, ESG, blockchain, automation, and the future of financial reporting and assurance, equipping chartered accountants with the knowledge and skills to excel in a technology-driven global economy.

Also Read: India Launches Global AI Accountability Forum as Debate Over Autonomous AI Intensifies

Authors

  • AI FrontPage Reporter Supriya Singh

    Supriya Singh is a Reporter at AI FrontPage covering the AI & Education and AI & Jobs beats. She brings six years of print and digital experience, including three years at The Asian Age, where she reported on higher education, Delhi government, and crime. She is based in Delhi-NCR.

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  • Pratima Pareek, Editor and Co-founder of AI FrontPage

    Pratima O Pareek is an Editor and Co-Founder of AI FrontPage. A gold medalist in Mass Communication and Journalism, she's worked across national and international newsrooms, bringing sharp editorial instincts and a commitment to clarity. She believes in cutting through the noise to deliver stories that actually matter.
    Off the clock, she watches offbeat cinema, follows tennis, and explores new places like a traveler, not a tourist.

    LinkedIn

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