In October 2023, IFAC's Small- and Medium-Sized Practices Advisory Group (SMPAG) heard a presentation on the use of artificial intelligence (AI) at SMPs.
The presenter, Danielle Supkis-Cheek (SMPAG Member, AICPA), is Vice President, Strategy & Industry Relations at Mindbridge, a leader in AI-powered financial risk discovery for audit. Her presentation covers:
- An overview of the different types of AI
- Ethical challenges in the use of AI
- Practical use of ChatGPT
- Supervision responsibilities for AI use
In addition to the presentation, below, there are additional resources for SMPs on technology and other important topics at IFAC's Practice Transformation Hub.