As AI continues to automate repetitive tasks across sectors, its influence is rapidly expanding into finance and accountancy. While accountants have always adapted to new tools, AI marks an inflection point not just how work is done, but the very skills needed to stay relevant. The impact of AI in accountancy is shifting the profession from number-crunching to strategic decision-making. According to Lucia Real-Martin, Executive Director- Relationships, ACCA, “It’s not the accountant who uses AI that will be replaced, but the one who doesn’t.”
How is the role of accounts set to change with AI coming in this picture?
The profession is moving from traditional number-crunching to strategic decision-making. Future accountants will be required to excel in data governance, critical thinking, and leadership skills that go beyond automation. While AI will take over tasks like data mining and report generation, managing data integrity, identifying AI errors, and driving value will fall squarely on accountants. This evolution also reflects a shift in roles, from CFO to Chief Value Officers (CVOs).
How is ACCA updating its curriculum to stay ahead of these changes?
We’re transforming our qualification to be not just future-fit but future-relevant. Technology, including AI, is embedded throughout the curriculum, from foundational levels to advanced areas like tax, audit, and performance management. We’ve introduced employability skills much earlier, reflecting what employers now demand- graduates who can contribute from day one. We continue to emphasise applied knowledge but with a stronger focus on digital fluency and real-world problem-solving.
Are employers globally demanding more job-ready professionals?
Absolutely. Employers no longer have the luxury to train extensively post-hire. The pace of technological and geopolitical change is accelerating, and companies need talent that is immediately productive. Our curriculum changes are designed to meet that challenge.
Sustainability is gaining prominence, how is ACCA embedding sustainability in its curriculum?
Sustainability is embedded across the curriculum, but we’re taking it a step further. It’s now a core pillar of the qualification. As ESG and sustainability accounting become mainstream, future accountants must be equipped to lead in this space. It’s a massive opportunity area for the profession.
How important is the Indian market for ACCA?
India is a high-growth market for us. We have over 80,000 students and 3,000–5,000 members and affiliates. There’s strong momentum in regions like Kerala, Karnataka, Tamil Nadu, and Maharashtra. Global mobility is a major draw, our members can work in or return from international markets, especially with India’s growing economic influence.
What kind of traction are you seeing in Tier 2 and Tier 3 cities?
We’re actively expanding through partnerships with universities in non-metro cities. ACCA is a flexible qualification accessible anywhere. We now have over 100 education partnerships, including with Christ University, Jain University, and state institutions like University of Mumbai and Bangalore. We’re also collaborating with IIMs across the country.
Is there a demand-supply gap in the accountancy talent pool in India?
Yes, and it’s growing. India’s economic growth, policy reforms like GST and IFRS, and innovation across sectors are driving up demand for skilled professionals. But there’s a noticeable shortage, especially in IFRS implementation and high-end financial analysis. That’s why we’re focusing on accessibility and professional development.
How is ACCA supporting lifelong learning for accountants?
We’re strengthening our CPD (Continuing Professional Development) efforts through short certifications, webinars, and conferences. Lifelong learning is now a core pillar, because staying relevant isn’t a one-time effort, it’s a career-long commitment.