AI presents the biggest opportunity for chartered accountants to deliver value, shape careers, and create interesting roles – but it also requires upskilling and leadership from the top to maximise its potential!
A landmark report from Chartered Accountants Worldwide (CAW) and Ipsos UK reveals that 79% of chartered accountants surveyed agree that as AI is integrated more into business, the role of accountants as ‘Data Guardians’ will become increasingly important to organisations.
Younger professionals are already leading the way in adoption with 91% of 18–25-year-olds surveyed being very or fairly willing to use AI. They are already leveraging AI to enhance general productivity (40%), data entry (24%), client services (17%), and risk management (12%). However, CAW suggests the research also highlights a critical need for upskilling and leadership to ensure the profession fully capitalises on AI’s transformative potential.
Alan Vallance, ICAEW Chief Executive (pictured), added: “In the UK, this research shows that larger organisations are actively exploring AI applications, yet only 40 percent of survey respondents feel prepared for the changes AI will bring to their roles. To support our members, we are focused on providing guidance, robust training, and practical support for AI adoption. AI presents an opportunity to elevate the role of chartered accountants, shifting focus to strategic advice and ethical governance. This report provides vital insight in helping our members navigate this transformation and unlock AI’s potential.”
