The State of the Art in Accounting Ethics Education-Miller Slides

Miller Slides

Pdf Summary

In a document focused on the intersection of AI and education, particularly with ChatGPT and generative AI, Professor Bill Miller outlines the potential applications and implications. Generative AI is described as mimicking human creativity, with its market expected to double every two years as AI-generated data becomes more prevalent. It highlights various AI types like text-to-speech and image-to-text, and notable applications include ChatGPT, DALL-E, and tools integrated into platforms like Microsoft’s Co-pilot.<br /><br />The document emphasizes the importance of teaching ethics with AI tools like ChatGPT. Educators are encouraged to fully understand these tools, their capabilities, and limitations before incorporating them into the curriculum. Strategies for maximizing ChatGPT's effectiveness in education include defining clear goals, specifying output formats, and guiding model thinking through prompt construction. The teaching approach now evolves from "Think-Pair-Share" to "Think-Pair-ChatGPT-Share," integrating chat tools into learning exercises.<br /><br />Real-world examples are provided to illustrate the concept of "due care" in auditing. These include defining due care and applying it, with analogies like driving a car or performing surgery. The document also covers famous audit failures by KPMG and PwC, demonstrating the crucial role of due care in professional settings.<br /><br />The document concludes with resources for accounting professionals looking to leverage AI, such as the CPA.com Generative AI Initiative, and resources aimed at teaching AI effectively. Lastly, an example of using Bing Image Creator to visualize the concept of professional skepticism among accountants is mentioned. Overall, the guide serves as a comprehensive resource for educators aiming to integrate AI into ethical and practical teaching practices.

Keywords

AI in education

ChatGPT

generative AI

ethics in AI

text-to-speech

image-to-text

Microsoft Co-pilot

due care

audit failures

professional skepticism