FRC report on artificial intelligence and corporate reporting
Released 21 January 2019
The Financial Reporting Council has published the latest report of the Financial Reporting Lab looking at how technology might impact corporate reporting.
The report, Artificial Intelligence – How does it measure up?, explains what artificial intelligence (AI) is, where its use might make sense in corporate reporting, and explores some of the possible and current use cases for the technology. The report considers a range of uses of the technology, from AI tools in the finance function, to investors’ use of AI to find investment relevant information. It also highlights some of the key decisions and considerations that boards and others need to think about when using AI.
For more information and to view the report, see Artificial intelligence and corporate reporting.