The existential promise of artificial intelligence (AI) has fascinated us from the early days of computing, when the internet emerged as a unifying force, setting the stage for the imminent AI revolution. As a convergence of cutting-edge technologies in machine learning, data analytics, computing power and high-speed connectivity, AI has the potential to revolutionize every facet of our personal and professional lives, from healthcare and education to finance and beyond. However, alongside this promise and power, comes challenge and responsibility, particularly the issue of bias...

Submitted by Baker Tilly US, LLP

In a market in which entities are expected to provide an increasing number of disclosures about environmental, social, and governance (ESG) matters,1 organizational governance and internal controls are top of mind. On March 30, 2023, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) released a landmark interpretive report2 on how the COSO Internal Control — Integrated Framework (the “COSO Framework”) can apply to sustainable business activities and information. The report illuminates how the COSO Framework’s 5 components and 17 principles can help companies establish an effective and integrated system of internal control over their material or decision-useful sustainable business information...

Submitted by Deloitte