ICAI bets big on artificial intelligence, data analytics

HYDERABAD: The Institute of Cost Accountants of India (ICAI), that primarily trains students in cost and management accountancy and works towards developing the profession, is keen on imparting skills related to emerging areas such as data analytics to tap future opportunities, ICAI president Amit Anand Apte said here on Thursday.
ICAI is the second largest cost and management accounting body in the world with over 75,000 members and five lakh students.
“We are focussing on future avenues. While cost and management accountancy is our core competency, apart from this we must also focus on new areas like artificial intelligence, data analytics, forensic audit or information system audits,” he said, adding that ICAI has recently launched a course on data analytics.