Closing the AI trust gap: CPAs and AI governance
CPAs have a key role to play in building trust in AI systems and implementing governance processes that support its responsible development and usage. Here’s how we can help to close the trust gap.
As questions of trust arise, CPAs are well-positioned to lead the development and implementation of AI for financial use. This paper will promote understanding of governance and risk management practices for managing AI programs and building trust in the technology. Additionally, explore opportunities for CPAs as trusted business advisers tackling responsible implementation and management of AI technologies within organizations.
Key takeaways:
- key components of a robust AI governance framework
- setting policies and providing education and training
- role of voluntary guidelines, standards, laws and regulations in AI governance
- an industry perspective on AI in finance