Digital Push for New-Age Accounting by the ICAI
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.