Eric R. Recalde on AI’s Impact

On 25 November 2023, ACCRALAW Partner Eric R. Recalde participated in the technical sessions of the 78th Annual National Convention of the Philippine Institute of Certified Public Accountants (“PICPA”) held in Sorsogon City.

Mr. Recalde discussed the impact of artificial  intelligence (“AI”) on Integrity, Objectivity, Professional Competence, Confidentiality, and Professional Behavior – the 5 Fundamental Principles embodied in the Code of Ethics for Professional Accountants in the Philippines. He discussed the relevant developments in AI used by Certified Public Accountants (“CPA”), demonstrated AI’s capabilities in tax research. He also highlighted AI’s current pitfalls and proposed measures to mitigate the inherent risk in its use. Mr. Recalde likewise tackled common data privacy and professional decorum concerns that are rampant in the digital landscape. 

Mr. Recalde was assisted by Associate Rex Wilbert L. Rivera, also a CPA.

Mr. Recalde is the Head of ACCRALAW’s Tax Department and a member of its Corporate and Special Projects Department. Mr. Recalde is a CPA and is the incumbent Head of PICPA’s Board of Ethics. He is consistently recognized by international publications in his field of taxation law. He is a recommended lawyer for the practice area of Tax by The Legal 500 Asia Pacific for 2020, 2021, and 2022, and was cited in 2023.

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