Viewpoints: Accounting’s digital evolution in web 3.0

Digital transformation is not a distant future but a present reality. The accountancy profession is at a crossroads, calling for professionals to embrace change and foster innovation. Accountants are encouraged to leverage tools such as AI, Web3 and emerging technologies like blockchain to navigate this new era. MONICA SINGER CA(SA)Blockchain Evangelist for ConsenSys Artificial intelligence:…

Viewpoints: Embracing ethical artificial intelligence (AI) in the world of audit and accounting

The integration of AI in auditing processes and financial analysis has undoubtedly brought numerous benefits, but it also raises critical ethical considerations that must be addressed. Ethics has always been at the core of the accounting profession, guiding auditors and accountants to act with integrity, objectivity and independence. With the introduction of AI, these principles…