ICAI has taken great initiative in providing training and a platform to share various AI use cases in accounts, finance, and compliance areas. Following are category wise use cases listed on the portal.
1. Audit, Compliance & Taxation Automation
- Leveraging AI for GST Automation and Reconciliation
- AI Based Identification of Short-Deduction / Non-Deduction of TDS
- RCM Auto Invoice Generator: Streamlining GST compliance with Python
- Automated extraction of Income Tax Return Filing Status
- Automated Ledger & Voucher Scrutiny in One Click
- Automating GST Compliance with Selenium VBA
- Transforming GST Compliance: An Intelligent ITC Reconciliation Solution
- AI Based Identification of Ineligible GST ITC
- Auto Deadline Reminder System on Email – For Income Tax and GST
2. Data Analytics, AI Agents & Decision Support | AI Use Cases
- Leveraging python for advanced calculations and predictive analysis
- Revolutionizing Consultancy through Interactive AI Avatar Agents
- AI Agents + RAG + Custom LLM for Financial Research & Compliance Chatbot
- QUADRATIC AI Tool for Data Analysis
- AI-Powered WhatsApp Automation Tool for Professionals
- AI Data Scientist, Transforming Internal Audit Analytics
- CA BOT – A Personal Assistant
- AI-Powered Digital Membership for CPE Study Circle
3. Accounting Process Automation | AI Use Cases
- EasyRecon: Offline GST Reconciliation Tool for Chartered Accountants
- AI for Automating Partnership Agreements
- Development of AI-Based RCM Applicability Checker Tool
- Automating Document Collection for ITR Filing
- Empowering Chartered Accountancy Firms through Artificial Intelligence: The Practice Management CA BOT
- Automated Balance Confirmation Request Letters using AI
- AUTOMATION FOR OUTSTANDING REMINDERS
- Automating Bulk Email Sending with Excel Macro Using ChatGPT
4. Conversational & Chatbot AI
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- Agentic AI RAG: Chat with Any Content
- Using AI to Create and Leverage a Database of Real-Time Client Conversation for a Custom ChatGPT Assistant
- THE AI ARMY: CUSTOM GPTS EMPOWERING CHARTERED ACCOUNTANTS
5. Specialized Audit/Advisory
- Harnessing AI for Smarter Forensic Audits
- Bank Data Audit Analysis with Quadratic AI and ChatGPT
- Leveraging AI and Automation in Bank Audits: A Practical Use Case in Identifying NPAs
- Enhancing Auditing Through AI: A Comprehensive Use Case of AI, Audit and Governance with ChatGPT Plus
- Using AI in finalizing Internal Audit Assignment
6. Business Intelligence & Visualization
- Creating a Dashboard for Risk Matrix instantaneously using VBA
- AI and Excel in Bank Audit: Enhancing Efficiency and Accuracy for Chartered Accountants
- AI in PowerBI for Advanced Data Visualization in Accounting and Auditing
- FIN FORMAT GPT
7. Office & CA Practice Automation
- AI Agent for CA Office Automation
- Using AI to Transform the Peer Review Process in Accounting and Auditing
- Automating Audit Using AI
8. Miscellaneous & Niche
- Python Based PDF Processing Tool
- AI-Powered Conversational CFO Assistant
- How to USE AI to do Reconciliation of GST Input Register and with GSTR2B?
- Grow your Accounts Outsourcing Practice
- AI-Powered Stock Sentiment Analysis
- AI-Enabled Financial Insights Analyzer
This article is only a knowledge-sharing initiative and is based on the Relevant Provisions as applicable and as per the information existing at the time of the preparation. In no event, Ai Extensive or the Author or any other persons be liable for any direct and indirect result from this Article or any inadvertent omission of the provisions, update, etc if any.