Generative AI in Accounting – Legal and Ethical Pitfalls

Generative AI in Accounting – Legal and Ethical Pitfalls

Dec 20, 2024 - 12:00 PM
to Dec 20, 2024 - 2:00 PM

This seminar will provide attendees with an introduction to the ethical and legal issues arising when a practitioner or firm incorporates generative AI into routine operations. Attendees will be presented with an overview of recent legal controversies arising because of generative AI. Attendees will also be presented with an opportunity to partake in a case study regarding generative AI. Finally, participants will be exposed to key ethical principles to consider when drafting a firm policy for generative AI use. 

Registration Link

Registration Link

Registration Info

Course is offered free of charge to Federal Income Tax Course attendees use code TAXSCHOOL

Course is $39 for others.

Continuing Education

  • 2 hours of IRS Ethics Credit: Y7WRM-E-00387-24-O
  • 120 minutes of ethics CPE
  • 2 hours of Iowa CLE
  • 2 hours of Wisconsin CLE

Speakers

Michael J. Bootsma is a licensed attorney, CMA, and a C.P.A. He has held various positions in the area of accounting and law over the years. He currently teaches law, cost accounting, and taxation classes for Iowa State University as a Dean’s Teaching Fellow in Accounting. Michael graduated from Iowa State University with a Bachelor’s degree in Accounting and Finance. He graduated with a Juris Doctorate and Masters of Accounting from the University of Iowa. He later earned a Masters of Taxation and LL.M. from Golden Gate University. He has published peer reviewed research in the area of accounting and is the primary author and editor of the textbook Comprehensive Business Law. Michael and his family live by the Saylorville Lake where they enjoy many outdoor activities.  

The Center for Agricultural Law and Taxation does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. The Center's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.