Aica 6.0
Aica 6.0
0)
Participants Chartered Accountants
Location Physical at ICAI Branch Location/ICAI Center of Excellence Only.
For ICAI Branches: Outstation participants are requested to arrange their own
accommodations at their own expense. Tea & Lunch (Veg Only) will be provided at
Accommodation
Teaching The Teaching methodology in the physical classroom will encompass lectures and
Methods: presentations, interactive discussions, practical exercises, and hands-on sessions.
Participants will engage in a capstone project for an immersive learning experience,
(Physical-
incorporating real-life AI applications in finance and audit practices. Additionally,
Class
group projects and case study analyses will be used to enhance participant engagement
Room) and understanding.
Final Test Structure: Module A & Module B
• Module A: Objective Paper – (10 Marks per Day)
• Passing Marks: (5 Marks per Day)
• Test Schedule: Three online assessment tests on Day 1, Day 2, and Day 3 from
5 PM to 10 PM.
• Participants must ensure they can access the AICA course module in one day
advance via https://learning.icai.org/iDH/icai/
• Clear a minimum of 5 out of 10 questions per test, with two attempts allowed.
• If a participant is unable to attempt or pass any of the tests, ICAI will assign them
to a new batch (Online only) and inform them accordingly. The participant will be
required to retake all three days of tests within specified time.
Assessment Module B: 5-Minute Group Presentation of Use Case Demonstration – 20 Marks
Methods: (4 Participants per Group) - Passing Marks: 10
Participants will be divided into groups of four, based on the alphabetical order of their
first names. Each group will deliver a 5-minute presentation starting at 4:00 PM on Day
3. Groups will be formed and informed in advance to allow preparation time.
The group will choose their own presentation topic.
Presentations will use the provided template (4 slides):
1. Problem Statement, 2. Technology Solution 3. Implementation Plan & 4. Conclusion
All members must present 1 Minutes each, as marks are awarded individually. The
presentations are scheduled from 4 PM to 6 PM on Day3, with additional slots from 9
AM-10 AM, if needed. After the presentation, Send PPTs in WhatsApp group only.
Tea Break-1
Module 2 Introduction to AI
(Day-1)-2 HrsOverview of Digital Transformation and AI.
Discussion on use case creation
(12 PM-2 PM)
Overview of emerging technologies.
How digital changes will impact chartered accountants.
Introduction to AI technologies impacting Finance & Audit.
Evolution of AI in professional fields (e.g., machine learning, natural
language processing).
Group Photograph & Lunch Break
Objective Test-1 Module A: Objective Test Paper -1 (15 Minutes)- Module 1, 2 & 3
(Day-1) Total Marks-10 Passing Marks-5
Mode: Online on Digital learning Hub
15 Minutes https://learning.icai.org/iDH/icai/
(Time: 5 PM onwards till 10 PM from Branch Location)
Feedback The Day-1 Faculty Feedback Form will be shared in the WhatsApp group.
Submission Submission of the daily Faculty Feedback Form is mandatory at the end of
(5 Minutes) each session. Participants, please ensure that detailed and accurate
feedback is submitted to further improve AICA Course Structure.
Course Modules –Day-2 (Module 4, 5 & 6)
9 AM-10:00 AM Breakfast/Tea
Module 4 Machine Learning Basic
(Day-2)-2 Hrs Understanding data types and Structure.
10AM-12 PM Introduction to Machine Learning Concepts.
Basic algorithms relevant to Finance & Audit.
Tea Break-1
Dx for Accounting
Tools and techniques for data analysis in Finance & Audit. Case
Module 5
studies on data driven decision-making.
(Day-2) -2 Hrs Hands-on exercise with a popular Dx for Accounting tool.
12 PM-2 PM AI Use Cases for Members in Practice & Industry.
Lunch Break
Module 6 AI and ML application in Finance
(Day-2) Practical applications of AI & ML Concepts in the Finance Sector.
2 Hrs Reporting and Dashboard.
(3 PM-5PM) Fraud detection through pattern recognition.
Predictive analytics in Financial Forecasting.
Objective Module A: Objective Test Paper -2 (15 Minutes)-
Test-2 Module 4, 5 & 6
Total Marks-10
(Day-2)
Passing Marks-5
15 Minutes Mode: Online on Digital learning Hub
https://learning.icai.org/iDH/icai/
Time: 5 PM onwards till 10 PM.
Participants are requested to complete the assessment at the branch
location to receive any required technical assistance.
Feedback The Day-2 Faculty Feedback Form will be shared in the WhatsApp
Submission group. Submission of the daily Faculty Feedback Form is mandatory
at the end of each session.
Course Content –Day-3 (Module 7, 8 & 9)
9 AM-10 AM Breakfast/Tea
(Group Presentations - Optional) Based on requirements and availability.
Module 7 Implementing AI Projects in Finance &Audit
(Day-3)-2 Hrs Steps for starting AI projects in finance. Managing AI project lifecycle: from
10 AM-12PM planning to evaluation. Group Project: Designing a small AI solution for Finance
& Audit problem.
Tea Break
Module 8 AI in Auditing & Tax
(Day-3)-1 Hrs AI tools for risk assessment and compliance.
12 PM-1 PM Continuous auditing and real-time reporting systems.
Lunch Break
Module 9 Ethical Considerations and Future Trends
(Day-3)-2 Hrs Ethical issues and governance in AI applications.
Responsible AI in alignment with government guidelines.
2 PM-3 PM
Future trends in AI and Finance & Audit.
Recap and examination.
Include ISO 42001 for AI in business society.
Consider ISO 23894:2023 for AI risk.
Use case All participants in the batch will be divided into groups of four, based on the
Presentation alphabetical order of their first names. Each group will be invited to give a 5-
5 Minutes minute presentation starting from 4:00 PM Onwards. `
per team of The group will choose their own presentation topic. All members must present
4 people 1 Minutes each, as marks are awarded individually. The presentations are
(Day-3) scheduled from 4 PM to 6 PM on Day3, with additional slots from 9 AM-10 AM,
2 Hrs if needed. After the presentation, Send PPTs in WhatsApp group only.
Objective Module A: Objective Test Paper -2 (15 Minutes)-
Test-3 Module 7, 8 & 9
Total Marks-10
(Day-3)
Passing Marks-5
15 Minutes Mode: Online on Digital learning Hub https://learning.icai.org/iDH/icai/
Time: 5 PM onwards till 10 PM.
Participants are requested to complete the assessment at the branch location to
receive any required technical assistance.
Feedback The Day-3 Faculty Feedback Form & AICA-Level Course Feedback Form will be
Submission shared in the WhatsApp group. Submission of the Feedback Form is mandatory
by all Participants.
Note Module timings and breaks are tentative and may be adjusted as per the ICAI
requirements.
Digital Participants will receive the digital certificate approximately within one month. It
Certificate can be downloaded from the Digital Learning Hub, and participants will be
notified once it is available.
AI in ICAI Website: https://ai.icai.org/
Updates Helpline: [email protected] WhatsApp only: 9910568125
Please save this WhatsApp number to your contacts for group creation
Registration link: https://ai.icai.org/aica.php
Annexure C Technical Issues & Solutions for the Daily Online Assessment Test
1. MS Office:
• MS-Excel - https://www.microsoft.com/en-in/microsoft-365/excel
• MS-PowerPoint - https://www.microsoft.com/en-in/microsoft-365/powerpoint
• MS-Word - https://www.microsoft.com/en-in/microsoft-365/word
https://tallymirror.tallysolutions.com/download_centre/Rel.5.0/TPEL/Full/setup.exe
https://ai.icai.org/cagpt/ https://chatgpt.com/
Note:
Participants must have additional Gmail IDs for AI learning. Additionally, faculty members will share use case
details in the AICA WhatsApp group one day prior to each session.
2. Login with your SSP user credentials. In case any issue in Login, use Forget Password
( https://eservices.icai.org/) any issue email at [email protected]
5. Make sure you can see your batch name for the
Course. If you do not see your assigned batch,
please contact us [email protected]
1. AICA Course Tab Not Visible: If a participant registers at the last minute and isn’t added
to the course on the Digital Learning Hub by Day 1 after 5 PM, they won’t be included in
the current batch. They’ll need to complete all three assessments in the next scheduled batch
(online only).
2. Technical Error during the Assessment Test: If participants encounter technical issues
during the test, such as the course tab or assessment not appearing, or blank windows, test
is locked by admin, they should clear their browser history and cache as per below:
Clear History & Cache:
• Open Chrome.
• Press Ctrl + Shift + Delete (Windows) or Command + Shift + Delete (Mac).
• In the popup, select Time Range (choose "All time" for a full clear).
• Check Browsing history and Cached images and files.
• Click Clear data.
3. Assessment Test Score is not Visible: If a participant has completed the daily assessment
test and the score is not visible, the system will display a message indicating that the test is
cleared. This confirms that the test is successfully completed, and participants can close the
system. Scores will be available after 10 PM, once the assessment period has closed.
4. Assessment Not Attempted/Not Cleared: If a participant has missed or not cleared any of
the assessment tests, they must retake all three tests in the next scheduled batch (online only).
Participants will be automatically assigned to this batch and will receive an email notification
with further details. Send email to [email protected] for any query.
Annexure D: PPT Template for Group Presentation (Module B)
Participants can download the Group Presentation Template from AI in ICAI Website as
highlighted below.
Participants will receive an email notification once the Digital Certificate is uploaded to the Digital
Learning Hub. Additionally, an update will be posted in the AICA WhatsApp Group. Certificates
are expected to be available approximately one month after course completion.
Login in Digital learning Hub https://learning.icai.org/iDH/icai/ and select the Batch for Which
you want to access the Certificate.