AI for Accountants - Risks, Regulations & More

Introduction

AI presents an opportunity to innovate and greatly increase productivity for accountants in how they deliver their services to their clients.

This new virtual classroom seminar will look at some of the best practices to be followed around the identification and introduction of AI systems as well as the identification and management of risk.

The session will also look at tools such as AI guidelines and AI DPIAs and will examine the relevant regulatory guidance to provide legal and regulatory certainty around how accountants may utilise AI on a day-to-day basis.

What You Will Learn

This live and interactive session will cover the following:

• Due diligence - questions to ask of an AI supplier
• Regulatory requirements - what do ICAEW and the ICO look for?
• The application and reach of the EU AI Act
• What should be included in your organisation’s AI guidelines?
• When to carry out an AI DPIA and what it should contain
• AI and how it will interact with other technologies including blockchain and quantum computing
• The strengths and limits of machine learning

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.