#professional-ethics

#professional-ethics

The pace of change in the business world is relentless, and accountants are continually challenged to adapt. Evolving risks, shifting business models, emerging technologies-especially the rapid adoption of artificial intelligence (AI)-and increasing regulatory complexity require professionals in this field to be agile lifelong learners and critical thinkers. The demands on accountants continue to evolve, but this is also what drives opportunity. Today, accountants are often expected to go beyond understanding the numbers by providing insights and interpretation within a rapidly changing environment.

With artificial intelligence integrating - or infiltrating - into every corner of our lives, some less-than-ethical mental health professionals have begun using it in secret, causing major trust issues for the vulnerable clients who pay them for their sensitivity and confidentiality. As MIT Technology Review reports, therapists have used OpenAI's ChatGPT and other large language models (LLMs) for everything from email and message responses to, in one particularly egregious case, suggesting questions to ask a patient mid-session.

Konikoff emphasized that the well-being and trust of the Appraisal Institute takes precedence over individual actions, marking a significant shift in organizational priorities.