Since late 2022, the introduction of generative artificial intelligence (GenAI) tools has made artificial intelligence (AI) accessible to the masses, with the potential to dramatically reshape the way we work. GenAI is being embraced by businesses for a variety of purposes, including maintaining a competitive advantage, increasing productivity, reducing time pressure, and enhancing employee wellness.

However, ethical challenges related to AI continue to emerge. This course examines these ethical concerns within the context of professional accounting, encouraging participants to reflect on their ethical responsibilities when considering the use of GenAI tools.

The course also explores the standards set by the International Ethics Standards Board for Accountants (IESBA) and the International Code of Ethics for Professional Accountants (IESBA Code). The IESBA Code has been fully or partially adopted by over 100 countries worldwide, including Canada, a member of the International Federation of Accountants (IFAC). As a result, the IESBA Code serves as the foundation for professional codes of conduct in Canada and many other jurisdictions.

It is important to note that the specific details of adopted codes may vary by jurisdiction. Participants are therefore encouraged to consult their respective professional codes of conduct as needed during the course.