Artificial intelligence and the future-readiness of the chartered accountancy profession: a qualitative inquiry into acceptance behaviour, role transformation, and practice model evolution towards Viksit Bharat@2047
DOI:
https://doi.org/10.64171/JSRD.5.S1.279-285Keywords:
Artificial intelligence, Chartered accountancy, Profession, Acceptance behavior, Professional role transformation, Practice model evolution, Qualitative research, Viksit Bharat@2047Abstract
The rapid advancement of Artificial Intelligence is redefining the nature of professional work across knowledge-based professions, including Chartered Accountancy. As a profession rooted in judgment, ethics, and public trust, Chartered Accountants are increasingly required to adapt to AI-enabled tools while preserving their professional responsibilities. This study examines how Artificial Intelligence is influencing acceptance behaviour, professional role transformation, and practice model evolution within the Chartered Accountancy profession, with reference to India’s developmental vision of Viksit Bharat@2047.
The study adopts a qualitative exploratory research design based on semi-structured interviews with 100 practicing Chartered Accountants from Uttar Pradesh. Using thematic analysis, the research captures practitioners lived experiences and perceptions of AI-driven change. The findings indicate that Artificial Intelligence is largely viewed as an enabling mechanism that enhances efficiency, accuracy, and analytical capability, rather than as a replacement for professional judgment. Acceptance of AI is shaped by factors such as skill readiness, trust in technology, ethical accountability, and the availability of regulatory guidance.
The study further reveals a gradual shift in professional roles from routine compliance functions towards advisory and strategic services, accompanied by evolving practice models that increasingly rely on technology-enabled service delivery. However, ethical concerns, data security, and accountability considerations continue to moderate the pace of adoption. The findings highlight that responsible and inclusive AI adoption can strengthen the future-readiness of the Chartered Accountancy profession and enhance its contribution to transparent governance and sustainable economic development. By foregrounding practitioner perspectives, the study offers timely insights into how AI-driven professional transformation can support India’s journey towards Viksit Bharat@2047.
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