Using AI in an Ethical Way

Name: Using AI in an Ethical Way
Rating: 4.5 (34 reviews)

(34 reviews)

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.

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cpd hours 1 CPD hour

access 120 days' access

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Overview
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Contents
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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

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.

Reviews

4.5

(34 reviews)

Sarah M

13 May 2025

Very helpful course

Rishi G

13 May 2025

1. There's a lot of reading material. Makes it hard to focus and complete. Should be easy to understand videos. 2. All of the material is skipp-able with a next-button click. This brings a huge gap in actually going through the material vs skipping it. Should be non-skippable videos. 3. Names of various biases are mentioned in the articles & the two videos, but there's no glossary/definition provided for those biases to help learn in a comprehensive manner.

Janice A