Using AI in an Ethical Way

by Julia Penny

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.

price Free
cpd hours 1 CPD hour
access 120 days' access
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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 audit

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.

Look inside

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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 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.

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