Enhancing accountants’ ethical AI skills

ACCA has joined forces with The Chartered Institute for Securities & Investment (CISI) to offer its members the opportunity to study for CISI’s Certificate in Ethical AI.

AI experts at ACCA contributed content to the certificate, which will now be available on ACCA Learning, its dedicated continuing learning platform for finance professionals.

The CISI launched its Certificate in Ethical Artificial Intelligence in November last year as part of its campaign to champion ethics and transparency in the use of AI. The Certificate was introduced as part of Lord Mayor Michael Mainelli’s ethical AI initiative with key input from the steering group for this project.

Since launch, more than 3,500 professionals, seven financial services regulators and four central banks across more than 50 countries have registered for the CISI Certificate in Ethical AI.

ACCA’s CEO, Helen Brand (pictured), said: “AI brings huge opportunities to a wide range of financial and business areas, from planning and audit, through to compliance, data analytics and sustainability. But it also brings risks such as poor transparency and bias. It’s vital that AI is adopted in a responsible way, and accountants with their long-standing commitment to ethics are central to driving this. So we’re delighted to be working with CISI to enhance skills in this area.”