The Iftar and Continuing Professional Education (CPE) event was expertly arranged by the Kuwait Chapter of The Institute of Chartered Accountants of India (KCICAI), with a focus on two important themes: "The Influence of AI on Our Profession" and "Digital Transformation and Its Impact on Humanity." The esteemed speakers, Mr. Dheeraj Bhardwaj, CEO of City Group, and Mr. Heshana Kruppu, President of The Institute of Chartered Accountants of Sri Lanka and President of the South Asia Federation of Accountants (SAFA), conducted lively conversations and gave informative presentations.
CA The distinguished KCICAI Chairperson, Rabin Gonsalves, greeted the audience with warmth and gave an update on current chapter activities as well as future projects. Gonsalves opened the door for a thought-provoking evening by recognizing the critical role that professionals play in embracing technology and encouraging innovation. CA Co-hosting the event were KCICAI executive committee members Sweta Chipra and CA Venkata Ramana, who made sure everything went smoothly and that there was a lively mood.
Mr. Heshana Kruppu made a compelling opening speech on "The Impact of AI on Our Profession." His profound views regarding how the accounting profession is evolving in the AI era enthralled the audience. Adopting AI as a revolutionary tool is crucial, as Kruppu emphasized, noting that "People do not lose jobs to AI, but they lose jobs to people who understand AI." He urged professionals to act as catalysts for value creation in decision-making processes by illuminating how AI is transforming conventional methods and increasing efficiency in his talk.
Mr. Dheeraj Bhardwaj joined the stage after Kruppu's engrossing talk to discuss "Digital Transformation and Its Impact on Humanity." Utilizing his vast background spearheading technology innovations at City Group, Bhardwaj provided priceless insights into the wider societal ramifications of digital change. He examined the potential, problems, and ethical issues brought about by the quick speed at which technology is developing, stressing the significance of approaching digital innovation from a human-centric perspective.
Attendees had the chance to learn more about the relationship between artificial intelligence, digital transformation, and professional domains at this exclusive event. By means of stimulating dialogues and professional viewpoints, attendees were motivated to reflect on the changing environment and devise future plans.
In her vote of gratitude, CA Surin Gandhi said, "We are thrilled to have hosted such an enlightening event that brought together professionals from diverse backgrounds to explore the transformative potential of AI and digital technologies."
Staying up to date with the latest technological advancements and industry changes is crucial for professionals across the globe. KCICAI is aware of this necessity and is committed to encouraging community cooperation and knowledge exchange. The chapter is looking forward to planning more significant activities in the future.