Generative AI guide
The guide acts as an introduction to generative AI and provides information on topics such as how to get started, opportunities and possibilities, governance, and ethics.
Keep up-to-date with tech issues and developments, including artificial intelligence (AI), blockchain, big data, and cyber security.
Agents will be invited to sign up clients later in April for making tax digital income tax self assessment. ICAEW will consider the pros and cons in a webinar.
This month we look at what can be learned from state-sponsored cyber attacks, how to avoid falling victim to increasingly sophisticated account takeover scams, and the ICO guidance on levels of fines for data breaches.
ICAEW is developing CPD modules on artificial intelligence and ethics – and would like your input on their structure.
Resilient economies need finance professionals that can drive growth by grasping the opportunities offered by technology and a transition to net zero. ICAEW’s Annual Conference 2024 aims to support members to lead the necessary change.
ICAEW is urging accountancy firms to sign up to a new £7.4m funding pot to help staff at small and medium sized businesses boost their artificial intelligence (AI) skills.
RQ platform puts ICAEW members at the heart of a professional services eco-system that enables them to provide more integrated advice and support to their clients.
Dudley Gould, VP of Business Development at Circit, explores how ChatGPT can be used to build a customised technical GPT and discusses how and when accountants and auditors might use generative AI.
In this article Sudheer Sharma, chair of the Travel, Tourism & Hospitality Community, reflects on a successful 2023 and outlines the Community plans for 2024.
The accounting profession has been adapting to technology since the invention of the abacus in the second century BC. Now, with the explosion of big data, the increasing affordability of advanced analytics, and the adoption of artificial intelligence (AI) and blockchain, the industry is entering a new era of transformation. This digital transformation will revolutionise the practice of accountancy and have implications for entire businesses, societies and economies. By embracing the technological changes of the Fourth Industrial Revolution, Chartered Accountants can ensure they remain relevant and discover new opportunities for efficiency and innovation.
The call for financial discipline is more relevant than ever before.
This guide from the ICAEW sets out the key features of blockchain, and the challenges it must face to reach widespread adoption. It includes case studies of real-life applications, as well as examining its impact on accountancy.
Blockchain technologies have the potential to disrupt the work of finance teams – particularly those focused on transactional tasks – by offering a system of universal entry bookkeeping, removing the need for independent verification. Here ICAEW’s Tech Faculty and Deloitte outline the basics of this complex and developing technology.
A consultation examines the assessment case for a central bank digital currency, which could have profound implications for consumers, businesses, banks and payment providers within the UK.
With more and more people dipping their toe into the world of crypto, accountants increasingly need to become experts in crypto tax compliance and financial planning. Daniel Howitt looks at how.
This month we look at what can be learned from state-sponsored cyber attacks, how to avoid falling victim to increasingly sophisticated account takeover scams, and the ICO guidance on levels of fines for data breaches.
New technologies are a force for good – they fuel innovation, improve efficiencies, enhance communication, and increase productivity – but they also raise new challenges that can be harmful. We’ve witnessed in recent years how technology has had undesirable consequences, with data breaches and online surveillance resulting in widespread concerns over privacy, security, and the spread of disinformation. This has eroded trust in businesses and institutions, while simultaneously knocking the confidence of businesses to fully embrace technological change.
This month we look at the latest stories in the world of cyber, the lessons 2023 has taught us on how to improve cyber security, and the changes to the Online Safety Act.
This month we look at what can be learned from state-sponsored cyber attacks, how to avoid falling victim to increasingly sophisticated account takeover scams, and the ICO guidance on levels of fines for data breaches.
Following on from our webinar “Microsoft Fabric: What is it and why should you care?”, Rishi Sapra explores some of the questions raised by those who attended the live webinar.
ICAEW is urging accountancy firms to sign up to a new £7.4m funding pot to help staff at small and medium sized businesses boost their artificial intelligence (AI) skills.
RQ platform puts ICAEW members at the heart of a professional services eco-system that enables them to provide more integrated advice and support to their clients.
It’s a hot topic in finance right now. Rob Binns, CFO at Access Group, discusses why accountants should embrace, not fear, the acceleration of digital transformation.
Finance transformation will be one of the most in-demand skills over the next 10 years, says career coach for financial professionals, Oliver Deacon.
The pandemic has ushered in a new model of working, with many businesses considering adopting more flexibility in the longer term. That’s certainly the case for the Oil and Gas Authority, which is set to adopt a hybrid working method for its post-pandemic way of working.
It’s very easy to format a block of data in your favourite colour scheme by using an Excel Table, but Excel Tables are so much more important than just facilitating formatting. In this series we are going to see just what they are capable of, starting with looking at how to create Excel Tables and going on to cover some simple examples of their practical use, such as avoiding global austerity.
While M code in Power Query may look overwhelming and confusing, the functional language is similar to Excel formulas built using the LET function. In this article, Mark Proctor explores how to get started with understanding and using M code in Excel
In this year’s first 'Excel Tips and Tricks live – your questions answered' webinar, John Yeldham and Ian Pay tackled Excel questions and queries covering best practice, the use of functions and functionality, and a range of techniques for data handling and analysis in Excel. Bani returns to answer some of the unanswered questions from the webinar.
As AI progresses and gains wider acceptance, ethical considerations become increasingly significant. AI introduces ethical challenges across various domains, including democracy, justice and diversity and inclusion. This article explores these considerations, the associated risks, and the role internal auditors can play in promoting ethical conduct.
ICAEW has brought together these resources to help you understand how digital technologies are transforming economies and workplaces. Learn what it means for businesses and accountancy practices.
ICAEW has brought together these resources to help you understand artificial intelligence and what it means for finance functions. Here you'll find support on identifying how AI can benefit your organisation and how it to start implementing the technology.
ICAEW has brought together these resources to help you understand Robotic Process Automation (RPA), what it means for your organisation and how it to start implementing the technology.
Digital technologies are set to have a revolutionary impact on the work of accountants, both in business and in practice. ICAEW has gathered together these resources to ensure its members understand how finance functions will change, the skills that will be needed and the role you will play.
Office Scripts are a new scripting language for automating Excel. In this article, Mark Proctor explores how Office Scripts differ to VBA and what we can or cannot do with each.
Article looks at how an increase in computing power can be balanced with the need for greater energy efficiency.
The Budget contained tax announcements designed to support business growth. We assess how these measures were received and their drawbacks.
Our chart this week illustrates how home broadband capabilities have been improving in recent years, although still far short of ambitions to provide ultrafast speeds to most households across the UK.
In our first post-pandemic research focused on mid-tier practice technology, we’ve seen some substantial changes in the landscape. Responses have given us cause to be optimistic, but also highlight challenges in the digital transformation journey. Addressing these challenges presents opportunities for firms, software providers and ICAEW.
Digitalisation is transforming how tax is reported and paid, with significant innovation and investment occurring in countries of all kinds. There is no single pathway to digitalisation, as our case studies show, but there is something to be learned from all of them.
Drawing on real-life experiences, this collaborative thought leadership report by ICAEW and the Institute of Chartered Accountants of India (ICAI) considers how finance functions can harness automation to deliver greater value to business and the skills needed by accountants in the future.
As accountants increasingly innovate with data, AI and other technologies, is the profession’s ethics code fit for purpose in this new world?
Based on the materials created by ICAEW’s Tech Faculty, these resources became available to the wider ICAEW membership in January 2022.
Keeping you up-to-date with changes in technology, containing useful tips and advice.
View the latest community announcements and articles from Tech News and the Excel Community.
The latest opinion and news analysis on tech issues and developments, including artificial intelligence (AI), blockchain, big data, and cyber security.
An archive of recordings of Tech Faculty webinars.
Practical advice, guidance and case studies written for faculty members working in practice. Aimed at helping you benefit from the capabilities and navigate the risks arising from new technology
Providing updates on the latest technology issues affecting the accountancy profession. They aim to bring practical tips and expert insights on a range of topics, setting you up for any action you'll need to take.
Technology is at the heart of all organisations today. The pace of change is growing ever faster. In the coming years, the finance profession will be profoundly altered by new and evolving technologies.