ICAI Inaugurates second edition of Digital Transformation Finance Summit 2026

The Institute of Chartered Accountants of India (ICAI), through its Digital Accounting and Assurance Board (DAAB) today inaugurated the second edition of its flagship event, Digital Transformation Finance Summit (DxFS) 2026. The event is scheduled on 22nd & 23rd May 2026 at Hyderabad.

The Summit is deliberating on emerging challenges and opportunities in the digital economy, while creating awareness, collaboration and preparedness in areas such as cybersecurity, digital personal data protection, forensic accounting, information systems audit and cybercrime prevention. It also aims to strengthen digital trust and promote technology-driven assurance frameworks.

DxFS 2026 is being organised in association with the Indian Cyber Crime Coordination Centre (I4C, MHA); National e-Governance Division (NeGD, MeitY); National Forensic Sciences University (NFSU\, MHA) and Association of Certified Fraud Examiners (ACFE, US). Hyderabad Software Enterprises Association (HYSEA) and TiE Hyderabad are associated as Ecosystem Partners.

The Inaugural Session was graced by Shri Duddilla Sridhar Babu, Hon’ble Minister for Information Technology, Electronics & Communications, Industries & Commerce and Legislative Affairs, Government of Telangana, in presence ofCA. Charanjot Singh Nanda, Immediate Past President, ICAI, CA. Dayaniwas Sharma, Chairman, DAAB, ICAI, CA. Arpit Kabra, Vice-Chairman, DAAB, ICAI and Central Council Members of ICAI. Also present were Management Committee Members of Hyderabad Branch of ICAI.

In his inaugural address, Hon’ble Minister highlighted the growing importance of digital transformation and said “The future of financial systems will be driven not only by finance and regulation, but also by cybersecurity, artificial intelligence, digital governance, and emerging technologiesTrust will become the strongest currency in the digital age, and Chartered Accountants will play a vital role in building secure, transparent and digitally resilient financial institutions and we will engage with ICAI on all these areas.”

A major highlight of the first day was the introduction of DISA 4.0, the upgraded version of ICAI’s Post Qualification Course on Information Systems Audit. DISA 4.0 has been designed as a future-ready programme to equip Chartered Accountants with advanced capabilities in Cybersecurity Audit, Data Protection, Risk, Cloud Audit, Technology Risk Management, Regulatory Compliance and Digital Trust. The upgraded programme adopts a practical, modular and blended learning approach supported by hands-on labs, case studies, audit simulations and contemporary technology assurance frameworks.

The Summit witnessed participation from eminent dignitaries, regulators, law enforcement agencies, banks, financial institutions, technology organisations, academia, industry leaders and members of the accountancy profession. Various speakers and experts deliberated on critical areas such as Digital Transformation in Finance, Cybersecurity, Digital Personal Data Protection, Forensic Accounting, Financial and Cyber Crimes, Information Systems Audit, Artificial Intelligence, Data Analytics, Digital Trust and Technology-driven Assurance.

During the sessions, experts discussed the changing risk landscape arising from cyber frauds, deepfakes, digital arrests, crypto frauds, data breaches, digital evidence and technology-driven financial crimes. The deliberations underlined the need for strong digital assurance frameworks, enhanced professional competencies and closer collaboration among regulators, enforcement agencies, industry and professionals.

The event also featured a special address by Shri Anand Mohan Bajaj, Hon’ble Deputy Comptroller & Auditor General, Commercial & Report Central, who shared valuable insights on how the CAG is adopting Technology and transforming in Digital Era.

The first day of DxFS 2026 provided a meaningful platform for dialogue on emerging risks, regulatory expectations and professional opportunities in the digital economy. The Summit will continue on 23rd May 2026 with further technical sessions and panel discussions on cybersecurity, forensic accounting, digital investigations, data protection and future-ready assurance services.

To fight the growing threats of digital fraud, cyber crimes and strengthen online governance, ICAI has been proactively preparing the profession on emerging areas such as Forensic Accounting, Information Systems Audit, Cybersecurity, Data Protection, Data Analytics and Digital Assurance. Through its initiatives, ICAI is equipping Chartered Accountants to play a greater role in enhancing digital trust, strengthening governance frameworks and supporting technology-driven assurance. Further, ICAI has issued Forensic Accounting and Investigation Standards as well as Information Systems Audit Standards to promote greater quality, consistency and credibility in digital assurance and investigation assignments.

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