From the Professional Accountancy team…...
The UK Consultative Committee of Accountancy Bodies of which Chartered Accountants Ireland is a member, has recently issued a draft statement to the accountancy profession on an important topic in the CCAB draft Statement to the Accountancy Profession on the ethical use of artificial intelligence.
The draft statement reminds professional accountants of their ethical obligations when developing, deploying or using artificial intelligence (“AI”) tools in the course of their professional activities. It identifies common risks including unauthorised disclosure of data and erosion of professional judgement. The IESBA Code, upon which each member body’s code of ethics is derived, applies fully to the development and use of AI tools and systems, and their outputs. Professional accountants cannot abdicate responsibility for outputs produced by their use of AI tools and systems.
A careful review of the draft statement should be undertaken by Chartered Accountants Ireland members and firms, and the guidance should be adhered to when developing, deploying or using AI tools in the course of their professional activities.
This information is provided as resources and information only and nothing in these pages purports to provide professional advice or definitive legal interpretation(s) or opinion(s) on the applicable legislation or legal or other matters referred to in the pages. If the reader is in doubt on any matter in this complex area further legal or other advice must be obtained. While every reasonable care has been taken by the Institute in the preparation of these pages, we do not guarantee the accuracy or veracity of any resource, guidance, information or opinion, or the appropriateness, suitability or applicability of any practice or procedure contained therein. The Institute is not responsible for any errors or omissions or for the results obtained from the use of the resources or information contained in these pages.
LOADING...