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Artificial intelligence

Expand your Accounting Intelligence with ICAEW's practical AI resources

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Laura Beales, ACA, co-founder of Tally Workspace
Michael Austin, Chartered Accountant at Blue Dot Consulting
Case studies
Skills chartered accountants needs in an AI world

The skills chartered accountants need in an AI world

AI will clearly be part of a chartered accountant’s day-to-day work for decades to come. In this video, Jag Dhaliwal learns from ICAEW members what skills she should be looking to develop for a successful career.
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Video

Understanding what we can and can’t trust with AI

As the applications of AI continue to grow and grow, Laura Beales learns from fellow members in this video how she can use AI responsibly and in the right way to grow her business.
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Video

Why professional scepticism is so crucial to using AI

In this video, Michael Austin outlines why professional scepticism is so important for chartered accountants as the world uses AI more and more. He is encouraged to hear from younger members in an ICAEW workshop that they clearly understand this.
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Article

AI skills gap is a ticking time bomb

Estimates predict that with the adoption of AI technology, 40% of the workforce will need to re-skill in the next three years. So what’s the risk of losing your competitive edge if you fail to upskill your staff?
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Latest AI masterclass videos

Masterclass 10: Using AI and open banking for forensics teams
  • Article
  • 03 Oct 2025
Jared Goodrich ACA, Senior Manager, Digital Transformation, Moore Kingston Smith outlines how his firm has built a tool using generative AI and open banking technology to quickly categorise and analyse bank transactions for the MKS forensics team.
Masterclass 9: Building a ring-fenced AI platform
  • Article
  • 21 Jul 2025
Jared Goodrich ACA, Senior Manager, Digital Transformation, Moore Kingston Smith explains how the firm is building a ring-fenced generative AI platform and how, among many other examples, it is used to analyse the outputs from client board meetings.
Masterclass 8: Preparing to interview senior executives
  • Article
  • 11 Mar 2025
Jannie Wentzel, Partner and Principal Consultant, Cential and a chartered accountant explains how he uses generative AI to prepare for senior-executive interviews as part of his work in providing risk advice.
Masterclass 7: Drafting a risk register
  • Article
  • 07 Mar 2025
Jannie Wentzel, Partner and Principal Consultant, Cential and a chartered accountant explains how he uses generative AI to solve the ‘blank page problem’ when he’s tying to create a risk register.
View all masterclasses

Understanding AI

How AI is changing chartered accountancy
  • Video
As AI continues to transform the profession, ICAEW members discuss on video how they are capitalising on the technology to serve clients. Peter Hollis shares his thoughts on using AI in his practice.
Types of AI: how are they classified?
  • Article
In his second article, BDO’s Paul Ekwere explains how types of AI differ, providing a deeper introductory understanding of AI categorisations and how they can be used in the profession.
Understanding AI: what is – and isn’t – artificial intelligence?
  • Article
An in-depth awareness of AI is no longer the preserve of data science professionals or technology enthusiasts. In the first of two articles, BDO’s Paul Ekwere explains what AI actually is – and what it isn’t.
AI is here to stay – the profession must embrace it, responsibly
  • Article
ICAEW has produced a host of new resources for members looking to learn more about how to use AI. Iain Wright, ICAEW Managing Director, Reputation and Influence, explains why the time is right to take that step.
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Generative AI

The best and worst GenAIs for spreadsheets
  • Article
  • 24 Oct 2025
Academic Simon Thorne has assessed the effectiveness of several generative AI models in how they work with spreadsheets. Of the major platforms, the worst-performing may surprise you.
Masterclass 11: Using a generative AI platform to serve clients better
  • Article
  • 10 Oct 2025
Jared Goodrich ACA, Senior Manager, Digital Transformation, Moore Kingston Smith talks through how the firm uses a ring-fenced generative AI platform to analyse all previous online meetings with clients, and use the outputs to serve them more effectively.
Accountants’ GenAI skills get boost with ICAEW training
  • Article
  • 05 Sep 2025
ICAEW has launched an elearning programme to help members embrace generative AI. Practical resources walk through five of the most high-profile platforms, outline use cases and offer a framework for implementation.
AI case study: applying AI to VAT queries
  • Article
  • 02 Sep 2025
Bevan VAT Consultancy has been using generative AI for the past six months. It’s a useful tool for summarising legislation and case law, but it’s not without its flaws.
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AI skills for accountants

Get to grips with AI this summer
  • Article
  • 01 Aug 2025
ICAEW offers a range of resources to help you hone your artificial intelligence skills in this fast-moving area. These resources cover foundational AI concepts, skill development, practical applications, risk management and ethical considerations, enabling accountants to stay ahead in the evolving AI landscape.
How to secure vital AI skills and an engaged workforce
  • Article
  • 21 Mar 2025
How should the UK nurture the skill sets that will underpin the AI-driven future of enterprise and accountancy? Members voiced their ideas for action in a round table.
The skills chartered accountants need in an AI world
  • Video
  • 28 Jan 2025
AI will clearly be part of a chartered accountant’s day-to-day work for decades to come. In this video, Jag Dhaliwal learns from ICAEW members what skills she should be looking to develop for a successful career.
ICAEW updates ethics course on AI and culture
  • Article
  • 24 Jan 2025
ICAEW has added two new units to its free ethics elearning course for members, exploring the ethical considerations of using artificial intelligence and strategies for building an ethical culture.
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Training

GenAI Accelerator Programme
Develop AI expertise that directly addresses your industry's finance needs. The programme consists of 8 courses with bitesize modules, each focusing on a critical aspect of GenAI in finance.
Innovating finance with AI (Virtual)
  • Course
A guide to digital technologies and their impact. This immersive course empowers accountants with strategies to implement key technologies like automation, AI and advanced analytics.
Innovating finance with AI (in-person)
  • Course
A guide to digital technologies and their impact. This immersive course empowers accountants with strategies to implement key technologies like automation, AI and advanced analytics.
Browse ICAEW courses

ICAEW's GenAI Accelerator

The ICAEW GenAI Accelerator e-learning programme is your gateway to mastering the future of finance.

Gain the skills to harness the power of GenAI, transforming the way you work and positioning yourself as a leader in the industry.

Introductory courses are free for members.

Find out more Enrol now

Use cases

How AI can improve sustainability assurance
  • Article
  • 05 Mar 2025
Case study: ekointelligence is a generative AI tool, developed in part by chartered accountants, that can digest and review all environmental statements published by an organisation.
AI use cases: eight ways AI can help
  • Article
  • 29 Oct 2024
AI can be used for a variety of tasks to assist accountants in business and practice. Here are eight ways in which AI can help increase productivity and efficiency in finance and accounting teams.
AI: It’s only as good as the data you feed it
  • Article
  • 30 Oct 2024
Without a well-managed body of subject-specific data at its core, an AI tool in your firm will not be able to help your clients properly, an insolvency practitioner explains.
How we applied AI to combat modern slavery
  • Article
  • 10 Jun 2024
The iEARTHS project is a causal AI system designed to tackle modern slavery. David Wray, ICAEW member and one of its creators, explains the considerations that went into its development.
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Managing risks

Support on managing the potential risks and ethical challenges of AI.

How UK mid-tier accountancy firms can mitigate key risks associated with growth
  • Article
  • 13 Nov 2025
Article from Marsh Commercial on how they can help mitigate risk exposure, and protect both leadership and operational teams, in response to ICAEW’s 2025 Evolution of Mid-Tier Accountancy Firms report.
Expenses fraud: how to spot an AI-generated receipt
  • Article
  • 13 Nov 2025
AI-powered expenses fraud is on the rise. How can businesses protect themselves?
Applying the building blocks of ethical culture
  • Article
  • 04 Nov 2025
From whistleblowing and governance to equity, diversity and inclusion (EDI) and the use of AI, Global Ethics Day speakers unveiled a host of ideas for building and upholding strong organisational ethics.
Cyber resilience strategy: how to create and stress test a plan
  • Article
  • 30 Oct 2025
Increasingly seen as a vital component of a company’s trustworthiness, a cyber resilience plan must be tailored to the nature of the business and be easy to put into action.
More

Limitations of AI

Get to grips with AI this summer
  • Article
  • 01 Aug 2025
ICAEW offers a range of resources to help you hone your artificial intelligence skills in this fast-moving area. These resources cover foundational AI concepts, skill development, practical applications, risk management and ethical considerations, enabling accountants to stay ahead in the evolving AI landscape.
Over-reliance on automation: a cautionary tale from Plato
  • Article
  • 27 May 2024
The dangers of too much tech are not a new concern – Konrad Bukowski-Kruszyna explains why accountants can take a sceptical cue from the ancient Greeks when it comes to AI.
AI in audit: the good, the bad and the ugly
  • Podcast
  • 30 May 2024
In this Insights In Focus episode, we discuss the use of artificial intelligence in audit.
Don't let AI tools land you in hot water
  • Article
  • 12 Feb 2024
In this article we cover some of the professional ethical implications you need to consider when using Generative AI tools such as Chat GPT.
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More support

Articles Recordings
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eBooks

The Library & Information Service provides a hand-picked collection of eBooks as a benefit of membership. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com

Exclusive Artificial Intelligence for Audit, Forensic Accounting, and Valuation : A Strategic Perspective
  • Aug 2020
  • Al Naqvi
  • John Wiley & Sons,
An artificial intelligence revolution is sweeping through the world. Auditors and forensic accountants in firms of all sizes and types are trying to understand what it means for them. Many want to explore how to build plans for total intelligent automation to move their companies forward into the new AI economy.
Exclusive ChatGPT and AI for accountants: a practitioner's guide to harnessing the power of GenAI to revolutionise your accounting practice
  • Jun 2024
  • Scott Dell, Mfon Akpan
  • Packt Publishing
Designed for finance professionals and accounting business educators, students, and enthusiasts interested in understanding and applying artificial intelligence in their work in their professional or personal lives.
Exclusive ChatGPT for dummies
  • Mar 2025
  • Pam Baker
  • John Wiley & Sons
Focuses on how to use ChatGPT, including discussions and guidance on prompting techniques.
Exclusive Digitally curious: your guide to navigating the future of AI and all things tech
  • Sep 2024
  • Andrew Grill
  • John Wiley & Sons
For anyone who has heard phrases such as blockchain, cryptocurrency, cloud computing, quantum computing, GenAI, or 5G and wondered what they mean and what they mean for your business.
Exclusive Microsoft Copilot for dummies
  • Feb 2025
  • Chris Minnick
  • John Wiley & Sons
Learn how to use Copilot to help you as you do everyday tasks like emailing, having meetings, reading and researching, and creating business reports.
Exclusive Future-proof accounting: data and technology strategies
  • Jul 2024
  • Mfon Akpan
  • Emerald
Provides an understanding of the latest accounting technologies and their practical applications for the accountancy profession, including sections on artificial intelligence, cryptocurrency, cloud computing, blockchain, and data visualisation.
Terms of use:

You are permitted to access articles subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

Useful links

Links to guidance and information from external websites on artificial intelligence.
The Future of Professionals 2025: Mind the gap
  • Website
  • 23 Sep 2025
Report highlighting the transformative impact of AI on professional services, emphasizing the widening competitive gap between organizations with AI strategies and those that are going ahead without one.
Global Islamic Bankers' Survey 2025
  • Website
  • 01 Aug 2025
Annual survey from CIBAFI providing insights into the trends reshaping the Islamic banking sector, with a particular focus on the adoption of artificial intelligence and data analytics. Also includes the Islamic Banking Trust Index and the Islamic Banking Risk Dashboard.
The EU AI Act: a guide for SME accountants
  • Website
  • 12 Feb 2025
Factsheet from providing an overview of the EU AI Act’s main provisions, with particular focus on their potential impact on SMEs. The factsheet aims to inform SMEs, their advisors as well as smaller accountancy practitioners themselves about ways in which the AI Act might impact their business.
The State of AI
  • Website
  • 30 May 2024
Annual McKinsey Global Survey on AI - "As generative AI adoption accelerates, survey respondents report measurable benefits and increased mitigation of the risk of inaccuracy. A small group of high performers lead the way."

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.

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Free elearning on AI

ICAEW members can access four elearning modules examining AI, including Gen AI, its application and impact on the finance profession.
Start now
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Further resources

Support
Generative AI Guide

Explore the possibilities of generative AI in accounting through ICAEW's guide to Gen AI, covering use cases, risks, limitations, ethics and how to get started.

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Events and courses

Browse a list of ICAEW CPD courses covering technology, across virtual, in-person and elearning options, and see a list upcoming technology focused events.

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Data Analytics

Helping finance professionals develop the advanced data analytics and visualisation skills needed to succeed in this insight-driven era.

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