Navigate the intersection of innovation and compliance by mastering risk assessment strategies to leverage AI safely within your accounting practice.
AI tools are rapidly being adopted across accounting, audit, tax, payroll, and advisory services, from automated bookkeeping and forecasting to client communications and decision support. While these tools promise efficiency and insight, they also introduce significant data protection, governance, and professional risk issues that accountants cannot afford to overlook.
This webinar is designed specifically for UK accountants and finance professionals who are increasingly expected to act as trusted advisors on data, systems, and risk. Rather than a purely legal deep dive, the session focuses on how GDPR and emerging AI regulation affect day-to-day accounting practice, internal firm operations, and client advice.
Drawing on real-world advisory experience with owner-managed businesses, the session explores where GDPR obligations intersect with AI use in finance teams, what “AI governance” looks like in practice, and how accountants can spot red flags early, both within their own firms and when advising clients. The emphasis is on commercial judgment, proportionate controls, and practical risk management rather than abstract theory.
Partner | Wallace LLP
Alexander is an experienced commercial lawyer who acts for small and medium sized enterprises, professional firms and entrepreneurs. He is well regarded for his expertise in privacy (GDPR / data protection law), “e-commerce” law, intellectual property law and contract law. Consequently, Alexander has a particular interest in the TMT sector where he works with social networks, “app” based businesses, digital marketers, PR agencies and telecommunication companies. For many clients Alexander is the outsourced General Counsel who attends board meetings and is involved in every project on day one. Alexander builds robust relationships – he still works with certain clients that he was introduced to twenty years ago. Alexander is particularly proud that he is often approached by clients asking him to work with them again as they embark on their post exit projects. Alexander’s track record as a commercial lawyer in the TMT space is noted in the Legal 500. He is regularly quoted on privacy issues in the IT press and legal journals. Alexander is also an active member of the IAPP – the International Association of Privacy Professionals.
