Artificial Intelligence and IFRS18 adoption to speed up the US$254 bn auditing industry,experts say at ICAI Dubai Conference

With a deadline to implement the International Financial Reporting Standards (IFRS) 18 looming, accounting and auditing professionals are preparing themselves to meet the deadline, while up-skilling and re-skilling themselves with Artificial Intelligence tools to stay ahead of the competition

Date: Dubai, UAE; July 28, 2026

Artificial Intelligence is going to change the global accounting, auditing and assurance business by speeding up the process with increased accuracy, ensuring compliance and better governance, officials told more than 400 accounting professionals at a conference titled: The Great Shift towards IFRS18 – The Future of Audit, organised by the Dubai Chapter of the Institute of Chartered Accountants of India (ICAI).

Rishi Chawla, Chairman of ICAI Dubai with Padmanabha Acharya, Chairman of Deloitte ME at the Great Shift to AI and IFRS18 Conference

Continue reading Revolutionizing Auditing: AI and IFRS18 Impact →