April 22, 2025

Braking Systems and Black Boxes: AI Ethics in Finance

44 minutes

Richard Jackson, AI Assurance Leader at Ernst & Young, discusses how artificial intelligence is transforming the accounting profession after 130 years of tradition. Drawing from his Silicon Valley experience, Jackson explores the ethical implementation of AI in financial operations, emphasizing that organizations can only innovate as fast as their governance frameworks allow. He highlights data quality as the critical foundation for effective AI implementation while considering the unique challenges of "auditing the AI" as these technologies become embedded in financial systems.

(00:00) - Welcome to AI: Accounting Intelligence

(00:37) - Richard Jackson's Career Journey

(03:18) - AI and Ethics in Accounting

(07:25) - The Future of Audit and Assurance

(12:16) - Implementing AI in Organizations and Ethics

(17:13) - Challenges and Risks of AI Adoption

(21:54) - The Benefits of Being Close to Silicon Valley and AI Innovation

(25:40) - The Role of AI in Financial Auditing

(28:34) - Challenges and Risks in AI Implementation

(31:52) - Regulatory and Compliance Considerations

(41:33) - The Importance of Data Quality

(43:53) - Conclusion and Final Thoughts

Connect with Richard
https://www.linkedin.com/in/richard-jackson-20441b
https://www.ey.com/en_us/people/richard-jackson

Learn more about Trullion
https://trullion.com

Connect with Isaac Heller
https://www.linkedin.com/in/isaacheller

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By Isaac Heller

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