Author: Steven M. Mintz
Publisher: Strategic Finance
Publication Year: 2021
Summary: The following article discusses how data ethics is vital for young professionals to learn in a new automated, decision-making world in finance. For this reason, it is important to add data ethics into the accounting curriculum to stay ahead of the ethical issues. As many of the other resources have stated artificial intelligence (AI) use has many benefits but can be a detriment if used improperly. The main takeaway from this resource is the use implementing financial data ethics into accounting coursework to prepare students for the workplace and have ethical considerations at the forefront of students minds when being tasked with using AI as an aid in business processes. If these AI systems are used on incomplete or biased data the results cannot be trusted or thought of as reliable.
