Technology and Practice

Written by PracticeGuru 4th Feb, 2021 2 Min Read

One point to be made here is now there is Inter-department exchange of Data, so GST department matches their data with Form 26AS and vice versa. Data analytics is a major tool of every department.

Even FM @nsitharaman spoke about Role of AI, ML and Data Analytics in her speech today. So we have to be ready to learn new things sooner than we think.

It has already happened in west and India follows the trend in few years. We cannot avoid it.

Buzz word for CAs in next 5 years is going to be #Reinvent oneself. @theicai will need to play big Role in it. Technology will change the Role of #CAs very soon.

Only those Practices will survive which focus on integration of Technology in Operations and Clients service.

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