Union Finance Secretary Envisions AI's Role in Transforming Auditing and Accounting

Last updated: 26 September 2023


The Union Finance Secretary, T.V. Somanathan, has expressed the view that Artificial Intelligence (AI) has the potential to replace some of the work currently done by auditors and accountants. He believes that AI can significantly enhance automation in business processes, making it more potent than
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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