ISCA, ICAI partner on responsible AI learning for accountants

The Institute of Singapore Chartered Accountants (ISCA) and the Institute of Chartered Accountants of India (ICAI) have entered into a partnership to enhance collaboration on AI training and professional qualification recognition. The agreement includes the signing of a letter of cooperation for a proposed Global AI Fluency Initiative, based on ISCA's AI Fluency Programme.

The initiative aims to provide practical and responsible AI learning to ICAI members and students, with a focus on identifying where AI adds value while maintaining strict professional judgement and oversight. Both institutes will collaborate globally to promote these AI programmes and exchange practical use cases in accounting, audit, finance, and tax.

The initiative also emphasizes sharing governance frameworks for responsible AI adoption and developing joint thought leadership. Additionally, ISCA has approved a proposed module exemption agreement with ICAI, which would provide specified exemptions for eligible members under the respective qualification pathways, effective from 21 August 2026.

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