2026: Applying AI in financial reporting

2026: Applying AI in financial reporting

£395.00 + VAT
Available
Virtual
All Locations
Financial reporting
Feb
26
Thu
-
Dec
31
Thu
09:30
-
PM
12:30GMT
Schedule Description: Use AI confidently and responsibly - from identifying opportunities to embedding effective controls.
Sessions: 0
Session Hours: 0.00
CPD hours: 3hrs

Description

Explore how to apply AI tools confidently and responsibly across the financial reporting process - from planning and implementation to control and assurance.

Please choose from the dates below to view more details.

Virtual Classroom - Applying AI in financial reporting
Use AI confidently and responsibly - from identifying opportunities to embedding effective controls.
*New for 2026*

Date and time

Location

Select a date in the drop-down menu above for details.

Select a date in the drop-down menu above for details.

WHY TAKE THIS COURSE?
Artificial intelligence is already transforming financial reporting, from variance analysis to narrative generation and automated reconciliations. Many finance professionals are already using tools such as Copilot or ChatGPT in their daily work, often without formal guidance or control frameworks. This course helps you to harness that potential responsibly.

Developed by a qualified accountant, it focuses squarely on financial reporting realities rather than abstract AI theory, showing you how to use emerging tools with accuracy, governance, and confidence. Designed to be practical and relevant for organisations of all sizes - including SMEs - it bridges the gap between opportunity and assurance, helping you implement AI where it truly adds value.

WHAT YOU’LL LEARN
By the end of this course, you’ll be able to:

• Identify opportunities to apply AI across the financial reporting lifecycle.
• Understand how to plan and manage AI implementation projects effectively.
• Recognise the control and assurance processes required for responsible AI use.
• Learn from real examples of how organisations are already applying AI in practice.

WHO IS THIS COURSE FOR?
Finance professionals, accountants, auditors, and others involved in financial reporting - from system design and management reporting to statutory and audit functions. No prior experience of AI is required.

WHY CHOOSE ICAEW?
• Trusted heritage: For over 145 years, ICAEW has trained and supported the world’s leading finance professionals, setting the global benchmark for quality.
• Expert-led learning: Our courses are designed and delivered by subject matter experts, combining professional insight with real-world experience.
• Connected and relevant: With close links to government, regulators, and industry, our training reflects the latest challenges and opportunities in business and finance.
• Practical and interactive: Live, small-group learning with peer exchange ensures every programme delivers immediate workplace impact – and counts as verifiable CPD.

CPD HOURS
ICAEW's revised Continuing Professional Development (CPD) Regulations bring in new CPD requirements. This includes a minimum number of hours and an ethics requirement. Attending this course could contribute up to 3hrs of verifiable CPD, providing you can demonstrate that the content is relevant to your role.

A copy of the course booking confirmation email is accepted as evidence of verifiable CPD. You will need to save the email as a JPEG or PDF before uploading it to your record. Click here to use ICAEW’s self-assessment tool to help you work out how much CPD you will need to fulfil each year.

Course Enquiries
Contact: Events information team

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Legal Disclaimer
The Institute of Chartered Accountants in England and Wales (ICAEW) does not endorse or recommend any third-party products, services, or companies mentioned during this event or in related materials. References to any such products, services, or companies are for informational purposes only and do not constitute an endorsement or recommendation by ICAEW.

The views and opinions expressed by third-party speakers are their own and do not necessarily reflect the views, positions, or policies of ICAEW. ICAEW does not assume any responsibility or liability for the accuracy, completeness, or legality of the content presented by third-party speakers.

For further information or clarification, please contact ICAEW directly.

This 3-hour course is highly interactive, blends expert insight, peer learning, and practical tools for immediate workplace application.

Understanding AI in financial reporting
Build a clear, practical understanding of how AI is transforming financial reporting functions.

• What AI is and the types most relevant to finance: demystify key concepts such as generative AI, machine learning, NLP, and automation.
• Everyday applications: from automating reconciliations and variance analysis to drafting narrative commentary and analysing anomalies.
• Data management and processing: explore how AI improves accuracy, identifies trends, and supports faster close cycles.
• Governance and risk: understand where oversight and human review remain critical, including data integrity, bias, and confidentiality risks.
• Real-world examples: see how finance teams are embedding AI tools such as Copilot, Power BI, and ChatGPT for real reporting gains.

Applying AI responsibly
Translate insight into action with structured approaches to implementation and control.

• AI in report preparation: using generative tools to draft sections of management commentary, disclosures, and variance narratives.
• Technical support and troubleshooting: identify where AI adds value - and where manual review must step in.
• Controls and assurance: design governance frameworks, approval processes, and monitoring checkpoints for responsible use.
• Project management in practice: plan a phased rollout - from pilot testing to full integration - aligning people, process, and technology.
• Case illustrations: learn how other organisations are using AI to reduce reporting time, enhance insight, and maintain compliance.

 

David Potts
David qualified as a Chartered Accountant in 1987 with a six partner firm based in St Albans, and went on to become an audit manager with BDO. David is particularly interested in the practical application of regulations and how they should be applied to day to day situations; and how they impact on business system planning and control. His training is designed to be practical, relevant to the attendees needs and interactive with many case studies and real life examples.

 

Rate Cost Early Bird Pricing
ICAEW Member £295 + VAT £250.75 + VAT
Non-member £395 + VAT £335.75 + VAT

Early Bird Pricing
15% discount automatically applied on bookings made up until 6 weeks before the course date

How are the courses delivered?

All Virtual Classrooms are run by live on Zoom. These are interactive and not recorded, interaction and delegate involvement is encouraged.

When will I receive joining instructions?

You will receive a email with joining instructions after enrolling. Materials and any other resources for the course will be sent to you shortly before the course start date.

Are there breaks?

Yes, no fixed timings - will depend on the length of the course.

How do I access the course slide deck?

Depending on the course you will either be sent in the lead up to the course or after.

What if I miss the live date?

The Virtual Classrooms are not recorded so we recommend you attend all sessions.

What if I am going to be 15 minutes late?

This is not a problem, the classroom starts at the start time, but you will be let in if you are delayed for any reason. Trainers do their best to accommodate catch-up, but this is not guaranteed. Where possible please let us know of any delays so we are aware when doing role call the beginning of the session.

Can I have my colleague with me in the live course?

Yes, if you purchase a second place. Each booking is valid for one person only.

Can I record the training?

No, virtual classrooms are not recorded.

Do the courses on this programme count as verifiable CPD?

Yes, these courses contribute verifiable CPD, so long as you can demonstrate that the content is relevant to your role. Additional information about CPD can be found here: Your guide to CPD.

How many people will be on the course?

Virtual Classrooms are designed to resemble a real classroom. Therefore, group sizes vary between 6 – 22 delegates per course.

 

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