The new President of the Institute of Chartered Accountants of India (ICAI), CA. Charanjot Singh Nanda, has outlined his vision for 2025-26, with a strong emphasis on integrating advanced technology like AI to boost efficiency and precision. Alongside technological advancements, a key priority is promoting work-life balance among professionals, with a newly formed committee dedicated to this initiative. The vision also includes expanding global outreach, empowering students, focusing on sustainability, and strengthening the profession's integrity.
The newly elected President of the Institute of Chartered Accountants of India (ICAI) CA. Charanjot Singh Nanda along with Vice-President, CA. Prasanna Kumar D shared his vision at a press conference held in New Delhi.
The newly elected 26th Council is effective from February 12, 2025. One of the key focus areas of the President CA. Charanjot Singh Nanda was integrating technology along with human well-being. He emphasised on integrating cutting-edge technology like Artificial Intelligence, for
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FAQ :
The new President of ICAI is CA. Charanjot Singh Nanda, and the 26th Council took effect from February 12, 2025.
The two main focus areas are integrating cutting-edge technology, such as Artificial Intelligence, and promoting work-life balance for professionals.
The committee has been formed to ensure members find a balance between professional commitments and personal well-being, leading to better productivity and fulfillment, especially in today's fast-paced world.
ICAI will focus on strengthening the application of AI, blockchain, and data analytics in accounting and auditing to enhance efficiency.
Other initiatives include expanding global outreach, empowering students through mentorship, focusing on non-financial reporting and sustainability, strengthening the disciplinary mechanism, supporting MSMEs, and promoting research and brand reinforcement.