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Artificial intelligence

Discover more about the impact of artificial intelligence and the opportunities it presents for the accountancy profession.

In this section

Features and articles

ML: What is it really?

Data Analytics Community Advisory Group member Monica Odysseos returns with a second article in the ‘What is it really?’ series to simplify and explain newly defined terms and concepts in the world of Machine Learning for the non-tech user.

The essential guide to audit tech

There has never been a more exciting time to explore the transformative potential of technology in relation to audit. Tech advances are helping to improve the performance of audit, making it more insightful and informing better conversations in audit teams and with clients.

Risks and assurance of emerging technologies

Cognitive and automation technologies such as artificial intelligence (AI) have drawn a great deal of interest, but also concern about the potential for bias and misuse. ICAEW’s Tech Faculty examines the risks associated with the adoption of emerging technology and how these risks can be tackled through internal controls and assurance.

AI in Corporate Advisory

The Corporate Finance Faculty and Drooms have published the world’s first research about the role of artificial intelligence in deals.

Webinars and recordings

Disclaimer: The opinions expressed by external guest speakers in interviews or other publications included on this website are, by their nature, those of the speaker. They are not necessarily fully endorsed by the ICAEW or purport to reflect the official policies and views of the ICAEW or its members.

Finance in a digital world

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The Library & Information Service provides a hand-picked collection of industry press articles as a benefit of membership. If you are unable to access an article, please see our Help and support or contact library@icaew.com

The only step that can add economic value to AI - being deployed on a large scale

Article reports that the only way to make substantial gains with Artificial Intelligence is to go 'all in' and deploy on a large scale. The authors give 10 undertakings that bring a business closer to transformation and they state that AI will be critical the future of every business in the future.

Auditing recruitment algorithms

The article focuses on the process of auditing artificial intelligence tools for bias which is being done under the partnership of Parity AI, an independent algorithmic auditing firm and Beamery, talent acquisition and management platform. It is discussed that auditing is important for future regulatory compliances and also for reducing artificial intelligence induced harms to businesses dependent on it.

AI experts question tech industry’s ethical commitments

The article reports that from healthcare and education to finance and policing, artificial intelligence become increasingly embedded in people's daily lives. Topics include examines despite being posited by advocates as a dispassionate and fairer means of making decisions, free from the influence of human prejudice, the rapid development and deployment of AI has prompted concern over how the technology can be used and abused.

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Useful links

Establishing a pro-innovation approach to regulating AI

Policy paper from the Department for Digital, Culture, Media & Sport, Department for Business, Energy & Industrial Strategy, and Office for Artificial Intelligence on the UK's emerging approach to AI regulation.

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