New Delhi: The Institute of Chartered Accountants of India (ICAI) on Friday hosted the two-day Artificial Intelligence Innovation Summit (AIS) 2026 at the 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.At the inaugural conference, ICAI launched the AICA Level 3 Advanced Artificial Intelligence Certification Program for chartered accountants and signed a memorandum of understanding (MoU) with artificial intelligence startup Sarvam AI to collaborate in artificial intelligence training, capacity building, research and professional development. Union Culture and Tourism Minister Gajendra Singh Shekhawat inaugurated the summit.ICAI partners with Sarvam AI to launch AICA Level 3The newly launched AICA Level 3 program is specially designed for ICAI members who have completed Level 2 certification. The institute has also launched a publication titled Essentials of Artificial Intelligence for Chartered Accountants, a practical guide designed to help professionals understand and adopt artificial intelligence.The MoU with Sarvam AI will focus on AI skills, professional development, joint research, seminars, workshops and development of AI-centric learning resources for chartered accountants.Union minister highlights AI prioritiesAddressing the occasion, Shekhawat said, “The Institute of Chartered Accountants of India has built a profession based on trust in finance and Chartered Accountants play a key role in the transformation of the country. ICAI is leading the global transformation and has the potential to become the ‘Global Trust Association’ of the world by spearheading the development of AI assurance standards. Trust is the soul of the economic system and Chartered Accountants are the guardians of this trust.” You don’t just need to verify the company’s balance sheet; you also need to verify the company’s balance sheet. You validate and maintain investor confidence and preserve the nation’s economic trust. “He also outlined eight priorities for an AI-driven future, including data integrity, eliminating algorithmic bias, strengthening cybersecurity, addressing financial risks associated with deepfakes, ensuring machine accountability, promoting continuous retraining, enabling agile regulation, and advancing climate finance and ESG.
ICAI launches AICA Level 3 and signs Sarvam AI MoU at 2026 Artificial Intelligence Innovation Summit
Summit focuses on artificial intelligence and emerging technologiesICAI Chairman CA Prasanna Kumar D said, “Innovation is redefining every aspect of the accounting profession and Chartered Accountants must lead this change with confidence, competence and integrity. Through AIS 2026, ICAI is creating a collaborative ecosystem that blends technology, governance and professional excellence to enable our members to become architects of India’s digital economy and trusted partners in the Viksit Bharat 2047 vision. ICAI is a leader, having trained more than 50,000 AI members 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 showcases, with discussions covering generative AI, digital finance, data analytics, cybersecurity, blockchain, automation, ESG and the future of financial reporting and assurance.CA Mangesh Kinare, Vice President, ICAI, said, “The future belongs to professionals who continue to adapt, innovate and create value. AIS 2026 reflects ICAI’s unwavering commitment to fostering technical excellence and equipping chartered accountants with the capabilities required to navigate emerging opportunities in the ever-changing business environment.”The two-day summit attracts government officials, policymakers, regulators, technology leaders, academicians, startup founders, researchers, students and accounting professionals from India and abroad.
