Digital Push for New-Age Accounting by the ICAI

Suvit Fintech Private Limited11 Oct, 2023Business

Digital accounting is the future of the accounting profession. The Institute of Chartered Accountants of India (ICAI) has recognized this and is taking a proactive approach to promote digitalization in the field. The ICAI's digital push is centred around the Digital Competency Model for Management Professionals (DCMM). DCMM v2 is a framework that helps CA firms assess their digital maturity and develop strategies for improvement.