Accountants play a critical role in building trust in AI

Accountants play a critical role in building trust in AI

CPA Canada and AICPA release joint paper on the role of accountants in AI assurance...

CPAs are crucial in bridging AI trust gap: AICPA and CPA Canada

Chartered Professional Accountants (CPAs) are “uniquely positioned” to fill the trust gap in AI, according to a joint publication from CPA Canada and the American Institute of CPAs (AICPA).   The findings come from the third and final paper in CPA Canada and the AICPA’s AI series, called Closing the AI trust gap: The role of the CPA in AI assurance.   As AI becomes more integrated into daily life, concerns about privacy, bias, and misuse are inc…

AI Will Not Replace Chartered Accountants, But Will Transform Their Roles by Reducing their Clerical Burden

AI Will Not Replace Chartered Accountants, But Will Transform Their Roles by Reducing their Clerical Burden There is an increasing concern in the profession that Artificial Intelligence (AI) will displace traditional roles, particularly in the finance area. The reality is AI will not displace Chartered Accountants but potentially relieve them of some clerical burden as […]

Accountants well positioned to meet growing demand for AI assurance

A new report by the AICPA and Chartered Professional Accountants Canada said the rapid rise of AI opens up new opportunities for accountants to provide independent assurance of these systems.