This new guide complements the first publication AI in Accounting I: Privacy, Security, and Best Practices. While the first guide had a strong operational focus — offering practical advice on security, data protection and usage protocols — this guide introduces a strategic and legal perspective, helping SMPs prepare for compliance under the EU AI Act.

“This second AI in Accounting guide offers clear and practical guidance for SMPs. It highlights the importance of transparency, data protection and professional secrecy as core values for our profession.” Bart Van Coile, SMP and ITAA President

“This concise and timely guide empowers small and medium-sized accountancy practices to navigate the new AI regulatory environment with confidence. By breaking down the AI Act’s complex obligations into clear and practical steps, the EFAA reinforces its commitment to helping SMPs lead the digital transformation journey responsibly and sustainably.” Nelson Ferreira, OCC Portugal and member of the EFAA Digital Working Group