Subject description

Risk, Technology and Artificial Intelligence equips you with the knowledge and skills to evaluate corporate governance and apply risk management processes to analyse and evaluate various business risks and opportunities. You will also focus on treating the risks using a variety of strategies and prepare relevant risk management and governance disclosures. The profound impact of technology, data analysis and artificial intelligence (AI) is highlighted throughout the subject. You will develop critical thinking skills to be able to generate solutions to authentic business problems and will use information technology to analyse information to support effective management decision-making.

This subject has been designed in partnership with the Institute of Chartered Accountants of Scotland (ICAS). 

Topics covered

• Risk management
• Governance and risk – external reporting and disclosure
• Technology as a strategic enabler
• Identifying and evaluating existing and emerging technologies (including automation, blockchain, IT infrastructure and artificial intelligence)
• Data analysis and reporting 

Subject learning outcomes

On completion of this subject, you will be able to:

1. Apply risk management process to address risks affecting an organisation
2. Analyse information produced by information technology to support management decision making
3. Evaluate governance and risk management practices and apply IFRS Disclosure Standards or local equivalents to prepare sustainability disclosures
4. Apply critical thinking skills to generate solutions to authentic business problems

Course structure and format

This 9-week course is one of seven core subjects of the Chartered Accountants Program.

Enjoy supported learning via an online learning platform and interactive resources, featuring:

• Online communities for networking with peers
• Technical discussion forums with specialist Chartered Accountants
• Peer discussion forums
• Comprehensive study materials and assessment preparation resources
• Real-world case study examples and activities
• Virtual sessions and recordings with real-world worked examples and activities based on integrated, complex scenarios

Please note: The course information shown here is indicative only. For each term, the official subject outline, including reading materials, assessment requirements, and other key details, will be provided to enrolled students through the My Capability Learn portal. The official subject outline may contain updates or changes to the information displayed here and serves as the authoritative reference for all course matters.