AI in Finance and Accounting

AI in Finance and Accounting

Alongside IFAC’s recent Professional Accountants in Business (PAIB) Advisory Group meeting, we co-hosted a special side event in collaboration with Chartered Accountants Worldwide (CAW) Network USA at Fordham University. IFAC-CAW-AI This joint engagement brought together perspectives from practice, industry, technology, and academia, enabling an insightful exchange on the real-world impacts of AI on business and the accountancy profession, how our work is evolving, and what we need to do to remain relevant in the future. It featured practical observations, real examples, and candid reflections from a panel of global experts leading AI-enabled change within their organizations and with clients. We have compiled five short videos that capture the key themes from the panel discussion. These digestible clips reflect on how AI is influencing the pace of change, the evolving role of accountants, the importance of trust and design, and emerging leadership responsibilities. These informed reflections and perspectives come from leaders immersed in digital and business-model transformation. Their views provide a timely snapshot of the current AI landscape and the urgent considerations shaping the profession’s future.

  • Myles Corson — EY Global Strategy & Markets Leader
  • ICAEW Chris Easton — CEO Applied Logic Software LLC
  • CAANZ Tim Herrod — Founder & CEO, InTension AI
  • CPA Canada Nicola Ellam — Managing Principal, CLA (NY/NJ)
  • ICAEW Sanjay Rughani — CEO, Standard Chartered Uganda — Moderator
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