ICAG Reveals Plans to Champion AI Integration in Accounting Profession in Ghana

As the wave of Artificial Intelligence (AI) continues to expand in all fields of work, the Institute of Chartered Accountants, Ghana (ICAG), says it is positioning itself at the forefront of this digital transformation sweeping through the global accounting profession.

ICAG reveals that as part of the plans, conversations around AI will take the center stage at its 2025 Accountancy Week celebration.

Chief Executive Officer of ICAG, Paul Kwasi Agyemang, has underscored the urgency of embracing AI, describing it as a non-negotiable reality that professionals can no longer ignore.

Speaking to the media ahead of ICAG’s 2025 Accountancy Week Celebration, the CEO argued that AI has come to stay, and hence it will be prudent for practitioners in the accounting profession in Ghana to position themselves to take advantage of the transformation.

“Whether we like it or not, that is what the order of the day. Artificial intelligence is about everything in the world, everything about humanity, including professional bodies,” he remarked.

Paul Kwasi Agyemang revealed that the upcoming conference will focus on demystifying AI and its applications within the accounting field. The goal, the CEO says, is to “unwrap AI, delve deeper into AI, and draw accountants’ attention to what AI is offering.”

“Accountancy profession is also impacted with digital space, digital platforms, and AI being the new thing across the globe. We cannot do without getting into AI. So what we plan to do during the conference is to unwrap AI, delve deeper into AI, and then also drawing the accountants’ attention to what AI is offering,” he indicated.

This decision by ICAG comes as good news as it seeks to align Ghanaian accountants with emerging global trends in finance, data analysis, auditing, and business advisory.

This means the accounting profession in the country is taking deliberate steps to educate and empower its members on the opportunities and challenges AI presents. ICAG is laying the groundwork for a digitally resilient profession.

Experts confirm AI has the potential to revolutionize core accounting tasks, from automating data entry and generating real-time financial reports to detecting fraud and improving forecasting accuracy. However, many professionals in Ghana remain unfamiliar with its practical implications or are hesitant about its adoption.

ICAG’s 2025 agenda is therefore timely. By prioritizing digital literacy and AI competence, the institute hopes to future-proof its members and position Ghana’s accounting professionals as competitive players on the global stage.

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