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AI is a credibility problem for capital markets

Contrary to popular belief, artificial intelligence is not mainly a labour displacement problem for accountancy

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    • The useful accountant of the future will know when not to trust AI, how to test it, and how to explain that decision to others.
    • The useful accountant of the future will know when not to trust AI, how to test it, and how to explain that decision to others. PHOTO: PIXABAY

    Zhang Liandong

    Published Fri, Mar 27, 2026 · 07:00 AM

    PUBLIC discussion about artificial intelligence (AI) and accountancy has largely revolved around one question: will accountants be displaced?

    That is the wrong question.

    A more revealing lesson came in 2024, when India’s two main stock exchanges warned investors about deepfake videos impersonating their chief executives and offering fake stock advice.

    AccountantsArtificial IntelligenceComplianceSingapore economyData governanceCorporate governancefinancial technology

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