Framework
AI in finance and accounting
What a professional accountant owes when the numbers came out of a model. The duties are real and mandatory, and they are mostly not in the auditing standards — they are in the ethics code, and they bind the finance function rather than its auditor.
§ 1Orientation
How AI in finance and accounting is put together
The obligations that reach an accountant using AI are not where most people look for them. Auditing standards bind auditors, and an accountant preparing a forecast, reconciling a ledger or drafting a disclosure note is not doing audit work. The binding material for that audience sits in the ethics code, which has required a professional accountant to exercise judgement about what steps to take when using the output of technology since December 2024 — and which almost nobody cites for AI, because the provision never uses the word. It says "technology", so it does not surface for the questions it answers.
The code goes further than a single provision. It defines objectivity to include freedom from undue reliance on technology, it names automation bias in terms as a bias to be aware of when exercising professional judgement, and it ends in a duty to refuse to remain associated with information the accountant still believes to be misleading. Those are not aspirations in a preface; they are numbered requirements, and the same provision on using technology output appears twice — once for the accountant in business and once for the accountant in public practice — differing on whose oversight of the system is in question.
Around that sit three further regimes with a common shape, and naming it is the point of this collection: the US issuer rules, the internal-control frameworks and the UK governance code all now require a person to attest, at a point in time, to something an AI system does continuously. That mismatch between a periodic certification and a continuous process is where the assurance work actually is. These pages cite each provision by number and official title and argue the substance in our own words, because most of this material is paywalled and none of it is ours to reproduce.
§ 2By who it binds
Obligations by role
§ 3By when it applies
Obligations by date
The date each obligation first bites, earliest first. Where a provision applies on more than one date, the earliest is shown.
14 Aug 2003
29 Aug 2024
29 Aug 2024
29 Aug 2024
IESBA Code R220.4, R220.5 and R220.6 — Preparation and Presentation of Information
29 Aug 2024
IESBA Code R220.9 and R220.10 — Addressing Information that Is or Might be Misleading
29 Aug 2024
IESBA Code R230.3 and R230.4 — Acting with Sufficient Expertise
29 Aug 2024
IESBA Code R270.3 — Pressure to Breach the Fundamental Principles
15 Dec 2024
IESBA Code 200.6 A2 and 200.7 A4 — Identifying Threats Associated with the Use of Technology
15 Dec 2024
IESBA Code R113.1, 113.1 A3, R113.2 and R113.3 — Professional Competence and Due Care
15 Dec 2024
IESBA Code R114.1, R114.2, 114.3 A3 and R114.4 — Confidentiality
15 Dec 2024
15 Dec 2024
17 Jan 2025
IESBA Code Section 290, 290.4 A4 — Using the Work of an External Expert
§ 4Elsewhere
The same ground, cut differently
Certification
Examined on this standard of evidence
What this page sets out is examined, on work the candidate has not seen, in the credentials beside it. Every paper is machine marked against its key and every result is reviewed and released by a named person, and every credential is on the public register.
AIAC-FNAF
Certified AI in Finance & Accounting, Fundamentals2 hours · remote, proctored · valid 2 years
AIAC-FNAP
Certified AI in Finance & Accounting, Professional2 hours · remote, proctored · valid 2 years