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SAICA: Guide on Artificial Intelligence
- 12 February 2025
- Accounting and Finance
- South African Accounting Academy
Summary:
SAICA has published the difference Makers Guide to Artificial Intelligence.
Article:
This manual provides a general understanding of artificial intelligence and empower members to be able to apply the key learnings of the guide when some of the terms or topics mentioned in the guide are used or discussed. It also gives an overview of practical considerations to keep in mind when using artificial intelligence (AI).
Emerging technologies such as Augmented Reality (AR), Big Data, Blockchain, Cleantech, Internet of Things (IoT) and Artificial Intelligence (AI) are innovative tools, systems, or advancements that have the potential to dramatically alter industries, economies, and societies.
The United Nation Development Programme (UNDP) champions AI to accelerate progress towards sustainable development, whilst steadfastly promoting human rights. This involves the ethical, transparent and sustainable development and utilization of AI technologies to ensure their deployment strengthens local AI ecosystems.
Contents:
- What is Artificial Intelligence?
- How does AI work?
- What are the different types of AI?
- How are machine learning and AI related?
- What is Data analytics?
- What is the advantage of virtual reality (VR) and augmented reality (AR) and how can it be used?
- What is the difference between Automation and AI?
Click here to download the 13-page Guide:
Relevance to Auditors, Independent Reviewers & Accountants:
- This manual provides a general understanding of artificial intelligence and empower members to be able to apply the key learnings of the guide when some of the terms or topics mentioned in the guide are used or discussed. It also gives an overview of practical considerations to keep in mind when using artificial intelligence (AI).
- You should be aware of useful guides that are published by regulators and stakeholders.
Relevance to Your Clients:
- This manual provides a general understanding of artificial intelligence.