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AI for research: risks and best practice for small firms

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Small Firm, Big Impact Express

Need regular small practice updates on the go? Small Firm, Big Impact Express (SFBI Express) delivers essential insights for Chartered Accountants in  
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AI tools can generate research and summaries instantly, but they don’t always produce reliable information. In some cases, outputs may include incorrect or fabricated references that appear credible at first glance. 

In this episode of Small Firm, Big Impact Express, Carolyn White, Manager of Library Services at Chartered Accountants Australia and New Zealand (CA ANZ), explains how accounting firms can use AI tools more safely when conducting research. 

In just a few minutes, she explores: 

  • Why AI tools can produce incorrect or fabricated references 
  • What firms should verify before relying on AI-generated information 
  • Practical steps to validate research outputs 
  • How CA ANZ Library Services can support research verification 

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Small Firm, Big Impact Express

Need regular small practice updates on the go? Small Firm, Big Impact Express (SFBI Express) deliver 
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