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Niranjan C

Hey I am on Medial • 1y

Can anyone tell how AI can enhance the work of Chartered accountant, how can a group of tech enthusiasts help to build a tool that really be an useful tool for all Chartered accountants. required a detail about : what can be automated in this role and in what ways power of AI can be utilized. Is there Any AI tool already running the market in this role?

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Anonymous
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Anonymous 2

Hey I am on Medial • 1y

In the US, there is a real problem with filing and paying for taxes. You have to do your own calculation and check before you send and they will do their own due deligence and send you either a notice or a fine or both sometimes but will not tell you how much taxes you are supposed to pay. There are companies like Intuit there, trying to solve for this. Here in india, the CAs are stuck with doing their own math and filing and working on excel with folmulas and checking and rechecking. There are no systems in place. Every firm has their own and it is very disorganised so there is opportunity there for sure. Maybe it lies in checking and rechecking different fields of info where info is filled and they have to check if things are done correctly before submitting things forward to govt agencies or to their clients so there is no notices of bad filling or docs missing etc. Just a thought.

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