Hong Kong Accounting Authority to Issue AI Guidelines
According to Odaily, Lai Chui-pik, CEO of the Hong Kong Accounting and Financial Reporting Council, announced that the council is preparing new guidelines on the use of artificial intelligence in the accounting and auditing industries.
The upcoming guidelines will be aligned with international standards and are expected to be released in the near future. Importantly, they will be advisory rather than mandatory, giving firms flexibility while providing a clear framework for responsible AI adoption.
The goal is to help the industry embrace AI-driven innovation—such as automation, data analysis, and audit efficiency—while also managing risks related to data integrity, ethics, transparency, and professional judgment.
This move signals Hong Kong’s intent to stay competitive as AI reshapes financial services, ensuring that technological progress goes hand in hand with trust, accountability, and global best practices.
