Regardless of which sector we work in, accountants are embracing the challenge to use some form of AI tooling to handle basic tasks, improve efficiency and free up time and headspace for higher-value work.

For in-house professionals, there’s hope that AI will finally take on month-end reporting and management pack production. For those working in firms, there are a growing number of AI-enabled solutions to assist with filing corporation tax returns.

In the rush to bring this technology into our organisations and teams, there’s a growing concern that AI-related ethics are being ignored, put on the back burner, or not even discussed.    

That’s dangerous because the way we choose to use AI directly impacts confidentiality, accountability, objectivity, and professional competence, the cornerstones of our industry’s Code of Ethics.

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