Technical Briefing: AI and Ethics

Contents List

PART 1: WHY ETHICS IN AI MATTERS

4 5 6 7 9

Accounting ethics What do we mean by AI?

Wider ethical issues Frameworks and principles for AI

PART 2: USING AI IN AN ETHICAL WAY

When to use AI Creating financial reports Undertaking audit work The danger of bias

10 11 12 13 15 16 17 18 19 20 22 23 24

PART 3: ENSURING AI IS FIT FOR PURPOSE

Assessing the risks

General Data Protection Regulation Ensuring accuracy Taking responsibility Transparency and explainability

PART 4: HYBRID INTELLIGENCE

Incorporating ethics into AI tools Bias in AI Sources of bias AI ethics committees Summary

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