Judgment and competence
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Professional ethics Judgment and competence
A Draft CCAB Statement Says Professional Accountants Cannot Abdicate Responsibility for Outputs Produced by Their Use of AI
In June 2026 the Consultative Committee of Accountancy Bodies published, for consultation, a draft statement to the accountancy profession on the ethical use of AI. It reminds accountants that they "cannot abdicate responsibility" for outputs produced by their use of AI tools and systems, and it discloses that AI tools were used in preparing the statement itself.
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Professional ethics Judgment and competence
Australia's Ethics Standard Setter Says Members of the Australian Accounting Bodies Who Use AI Remain Responsible for the Outcomes
In a technical alert of October 31, 2025, Australia's Accounting Professional & Ethical Standards Board told professional accountants who are members of the Australian Accounting Bodies that when they use AI they "must continue to meet their ethical obligations" under the APES 110 Code of Ethics for Professional Accountants, and that they remain responsible for the outcomes.
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Professional ethics Judgment and competence
Responsibility Remains Human: ACCA's Report on Ethics in Accountancy, October 2026
In a report marked October 2026, the Association of Chartered Certified Accountants found that the use of AI "ranks first in the top three ethical challenges reported by respondents." It also sets out a checklist for ethical challenges involving AI use.
