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How will tech help accountants shape the future?

Author: ICAEW Insights

Published: 27 Jun 2023

ICAEW’s annual conference on 2 November is focused on helping finance professionals to disregard the hype and embrace the real opportunities offered by generative AI and cloud computing.

For the first time ICAEW is hosting a live, day-long conference aimed at supporting its entire membership, and the wider finance community, in getting to grips with technologies that could transform their work and much more.

“Having the skills to harness these transformative technologies is vital for the future of the profession and the planet,” says Iain Wright, ICAEW MD, Reputation and Influence.

“This is why our first ICAEW Annual Conference is dedicated to sharing practical examples and expert insight to support members professional development in this area. The day will give you the knowledge you need and the confidence to use it.”

AI: friend or foe?

The explosive immergence of ChatGPT has had many accountants wondering whether generative artificial intelligence (AI) constitutes a threat to their career. Microsoft’s Nir Evron, an expert in AI speech, language and search, will be sharing his take on the role of AI in the future of the profession in the opening session of ICAEW Annual Conference 2023: Technology.

Sustainability leader, Nat Pullin, will discuss how AI-powered analytics can provide decision makers with real-time access to information on ESG performance, enabling finance teams to support the transition to a net-zero future. She’ll be sharing examples of how leading companies have used the technology and the vital importance for firms to demonstrate how they are managing ESG risks and integrating sustainability into strategy.

Digitalising and the cloud – getting the benefits

Deloitte’s David Anderson will be cutting through the hype around digitising the finance function and discussing practical use cases for tech in automating processes and data analysis. He will bring to life the realities of digital transformation and shine a light on what CFOs should be focusing on to ensure success.

Realising the benefits of ‘the cloud’ can be elusive. Will Farnell, from App Advisory Plus, will be sharing how to choose the right cloud-based services for your business and ensure that you are getting the most out of them. You’ll also be able to hear from AccountsIQ on how cloud services can help to boost accountancy practices.

Audit and tech

Technology is also proving to be a game changer for audit. Engine B’s founder, Shamus Rae, will outline how tech can improve audit efficiency and ensure compliance with quality management and risk assessment standards but reaffirm that AI cannot replace the skills and judgement of finance professionals. In a later session, Caseware will be showcasing how its cloud-based software is supporting audit teams to work more collaboratively.

Networking and tech demos

The day-long event in the heart of London not only provides eight hours of verifiable CPD, it is the perfect opportunity to catch up with colleagues and meet peers who are also passionate about making the most of digital technologies.

You’ll also be able to see demonstrations of the latest tech developments in our exhibition area from partners, including Xero, Tax Systems and Xledger.

Book your place

Tickets for the conference start at £150+VAT for members and include:

  • Full day conference
  • Exhibition pass
  • Refreshments throughout the day
  • Evening drinks party

A 20% discount is available when booking five or more tickets.

Annual Conference highlights

Read about what happened at November's sold-out conference

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