AI in Accounting – A Short Guide to Privacy, Security and Best Practices

We are pleased to share with you our first AI in Accounting Guide, developed by our Digital Working Group and team of experts to support the adoption of artificial intelligence tools within the accounting profession.

This guide is particularly relevant for small- and medium-sized practices, offering practical insights on AI, data, and privacy. It aims to help improve efficiency, support informed decision-making, and keep firms competitive in a rapidly evolving environment.

Please note that the guide is accessible to members only – you will need to sign in to view the full content.

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An essential guide for accounting professionals to safely and effectively embrace AI, with a strong focus on data protection and ethical best practices.
Paula Franco, President, OCC and SMP

Small- and medium-sized practices (SMPs) will face many challenges navigating the transformative impact of AI, and the first part of the struggle is understanding where to start. This guide offers timely, actionable insights that will empower SMPs to safely make use of the innovative opportunities AI tools offer and ultimately to stay competitive in a rapidly evolving digital landscape.
Monica Foerster, SMP

“A practical guide designed to help our SMPs unlock the full potential of AI, emphasising data security and ethical practices to ensure its responsible integration into the profession.”
Polonca Podgoršek, Director, CAS-CGS

The translations have been done by our members: French and Dutch by ITAA and Spanish by CGE. Although these translations have been carried out with the utmost care, errors or inaccuracies may appear in the text. EFAA accepts no responsibility for the use of this translated information. In case of doubt or for official purposes, it is recommended to refer to the original version.