The Institute of Chartered Accountants of India (ICAI) is set to revamp its Chartered Accountancy curriculum, with significant changes expected to take effect from 2028. The new syllabus will incorporate contemporary subjects like artificial intelligence, data analytics, and sustainability, reflecting the growing importance of technology in the accounting profession. ICAI President Prasanna Kumar D emphasized that these updates are necessary due to the rapid evolution of the accounting field, where technology plays a crucial role in practice and employment.

To facilitate this transition, ICAI has established the Committee for Review of Education and Training (CRET), tasked with assessing the current syllabus, training framework, and examination methods. The committee is scheduled to submit its recommendations by December, after which the proposed reforms will be opened for public consultation.

The revamped curriculum aims to enhance practical applications and industry-oriented skills, preparing students for the increasing reliance on automation and digital ecosystems in business. The review will also consider improvements in communication skills training and the overall structure of assessments, ensuring that future chartered accountants meet the evolving demands of the profession.