Nearly 80% of chartered accountants agree that as artificial intelligence (AI) is integrated more into business the role of accountants as ‘data guardians’ will become increasingly important to organisations reveals a report from Chartered Accountants Worldwide (CAW) and Ipsos UK.
The data showed that younger professionals are leading the way in adoption with 91% of 18 to 25-year-olds surveyed being very or fairly willing to use AI. They are leveraging AI to enhance general productivity (40%) data entry (24%) client services (17%) and risk management (12%). However CAW says the research also highlights a need for upskilling and leadership to ensure the profession fully capitalises on AI’s transformative potential.
The Institute of Chartered Accountants of Scotland (ICAS) and Institute of Chartered Accountants in England and Wales (ICAEW) are part of the CAW technology and AI working group that commissioned the research...
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