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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

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    AccountantsArtificial IntelligenceComplianceSingapore economyData governanceCorporate governancefinancial technology

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