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Technology

Keep up-to-date with tech issues and developments, including artificial intelligence (AI), blockchain, big data, and cyber security.

In this section

AI is not magic

Artificial intelligence (AI) and automation make the seemingly impossible possible. They magically bring machines to life – driving cars, trading stocks, teaching children or providing healthcare. In Prediction Machines, Avi Goldfarb and two fellow economists debunk this magical myth and recast the rise of AI as nothing more than a drop in the cost of prediction.

Byte size: tech news roundup

A roundup of the latest news surrounding technology. This edition includes cyber safety requires co-ordinated effort, keeping phone for longer could reduce carbon missions, ransomware costs UK companies £364m a year, AI to hit financial services hardest.

The essential guide to blockchain

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.

What is Blockchain?

Read IT Faculty's report for a definition of blockchain, key features of the technology, as well as the challenges and opportunities its adoption offers the accountancy and auditing professions.

Practice 2018

Digital and Cloud Accounting - 5 KPIs all firms should monitor regularly

Banking innovation

What do the changes in the business banking sector mean for FDs and CFOs? Pádraig Floyd finds out

Are You Suffering From Digital Paralysis?

Wandering around Accountex in May, I had brief conversations with a variety of tech vendors and consultants. What struck me was how many of them were convinced that cloud accounting has really only just started to scratch the surface of the UK public practice industry.

The tricky business of blackmail

Using malware to get money from people can actually be quite difficult. Leo Waldock details the pitfalls in trying to use malware, and some ways in which we can prevent people from blackmailing us.

Excel tips: the Power Query revolution

Power Query fundamentally changes how the vast majority of users need to design spreadsheet models and solutions. Microsoft Excel guru Simon Hurst argues that Power Query changes everything about Excel – including training.

Bring your own devices policies

Many businesses started to allow individuals to bring their own devices into work, but security issues and fear of virus attacks has dissuaded many. Mark Taylor of the IT faculty explains through the pros and cons of adopting BYOD and runs through practical tips for developing effective a BYOD policy.

21st Century Accounting Toolkit

Guest post by Curve describing how business owners can use the latest technology to simplify a range of accounting processes.

The latest updates on Making Tax Digital

Keeping up with Making Tax Digital can be difficult, especially when that includes Making Tax Digital for individuals and for business. Caroline Miskin of the ICAEW Tax Faculty guides members on the latest updates and what you should do to prepare.

GP+

We are all aware of how precious and short time is with a hundred and one things to fit into the daily work routine and so how often it is the regular accounting and book keeping matters that take a back seat and are left for another moment.

ICAEW on tour

David Lyford-Smith recounts a two-week trip across South-East Asia, discussing how technology is changing accounting.

What is the Internet of Things?

Read this Tech essentials guide to find out what is the Internet of Things (IoT) and how it affects the accounting profession, including auditing. Read this Tech essentials guide to find out what is the Internet of Things (IoT) and how it affects the accounting profession, including auditing. The guide also discusses real life IoT examples, management challenges as well as security concerns and future outlooks.

TAXguide 02/18: Demystifying MTD - the VAT requirements

In TAXguide 02/18, Sarah Ghaffari answers a selection of the key questions raised by viewers of the Tax Faculty webinar ‘Demystifying Making Tax Digital: the VAT requirements’, broadcast on 16 January 2018. Read a summary here, ICAEW members can download the full guide.