Braking Systems and Black Boxes: AI Ethics in Finance

About this episode

Richard Jackson discusses the ethical implementation of AI in finance and its impact on the accounting profession.

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…

People in this episode

Host: Isaac Heller

Guest: Richard Jackson

Topics covered

• AI in accounting
• ethics in finance
• data quality
• AI implementation
• auditing AI
• governance frameworks

Keywords

• AI ethics
• financial operations
• accounting profession
• data quality
• AI governance
• auditing AI

Mentioned in this episode

Organizations: Ernst & Young, Trullion, Silicon Valley

More episodes of AI: Accounting Intelligence

• A New Trust Equation: AI at the Heart of the CFO–Auditor Handshake · November 10, 2025 · 43 min
• AI in Action: How Internal Audit & Advisory Can Bridge the CFO-Audit Gap · November 10, 2025 · 26 min
• The Prototype Mindset · September 30, 2025 · 45 min
• The New Era of Audit · August 26, 2025 · 1h 0m
• Why Every Accountant Needs to Become Visible (Or Risk Being Invisible) · July 29, 2025 · 53 min
• The Accountant Storyteller: Building Financial Narratives at High-Growth Startups · July 1, 2025 · 53 min