Using AI in an Ethical Way

by

FREE 1-hr CPD module. As accountants, how can we ensure AI operates fairly, transparently, and in alignment with our professional standards? This course explains the crucial role of ethical oversight in maintaining trust and integrity in AI usage, covering key principles and practical applications.

FREE

1 CPD hours

120 days’ access

Start free course
Use ACPD101 for 10% off any purchase.

Using AI in an Ethical Way

FREE

4 CPD hours 120 days' access
Start free course

Using AI in an Ethical Way

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Evaluate uses and implementations of AI, highlighting the software solutions currently available
  • Explain the potential practical and ethical challenges associated with the use of AI
  • Recognise the key ethical considerations related to automation and financial reporting
  • Identify the opportunities and constraints in the application of AI within audits

About the course

Implementing AI systems in accounting requires more than just technical know-how; it demands a strong ethical mindset.

AI offers numerous benefits to accountants, from generating financial reports and using AI driven audit software, to automating routine accounting tasks. This short course explores prominent examples of AI applications and the ethical considerations each entails.

Learn how to leverage AI responsibly, ensuring you uphold the integrity and trust that are central to the accounting profession.

This free 1-hour course has been taken from AI and Ethics. Discover more about the full 4-hour course here.

Contents

Using AI in an Ethical Way

When to use AI
AI and financial reporting
Creating financial reports
Jax AI
Wolters Kluwer Tax and Accounting
Key considerations for audit
Undertaking audit work
The danger of bias

How it works

Author

Julia Penny

Julia Penny

Julia Penny was President of ICAEW in 2022-2023, having been a non-executive ICAEW Board member since 2017 and Chair of the Board during her year as President. Julia is a well-known speaker and writer on audit, financial reporting, anti-money laundering and wider issues impacting the profession.