There is potential to increase algorithm use, especially in human-related decisions such as hiring, by providing employees with an algorithm explanation.
AI can assist in accounting, auditing, assurance, forecasting, and tax — and accountants need to understand the cybersecurity, privacy, and ethics issues, too.
For finance teams to work smarter, they need to collaborate strategically with other functions — research by CIMA and The Productivity Institute suggests ways to do that.
