Tech Faculty
Find out more about the ICAEW Tech Faculty, governance, constitution, annual general meetings and annual reports.
Technology
Keep up-to-date with tech issues and developments, including artificial intelligence (AI), blockchain, big data, and cyber security.
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In this section
Artificial intelligence
Technology and the changing role of the accountant
Damon Anderson from Xero looks at how technology is changing the world of accountancy.
Are doorbells with cameras and microphones a privacy concern?
Home technology is not only changing where we live, but the privacy issues we deal with, as illustrated by a slew of doorbells that come with cameras and microphones, says Leo Waldock
Building the future
Thomas Toomse-Smith examines how technology could evolve the annual report.
Tech Talk
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.
Blockchain
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?
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.
Cloud computing
Technology and the changing role of the accountant
Damon Anderson from Xero looks at how technology is changing the world of accountancy.
Byte size: Tech news roundup
A roundup of the latest news surrounding technology. This edition includes La Liga being fined €250,000 for violations of the General Data Protection Regulation, marketers needing new ways to get the attention of generation Z, and companies struggling to fill digital roles.
The common tech challenges for accountants
Jessica Pillow offers her takeaways from the Alternative Accountancy Strategic IT Conference, which showed that accountants have common ground when it comes to tech issues.
In case of emergency
What more could have been done to lessen the effects of the attack?
Cyber security
Byte size: Tech news roundup
A roundup of the latest news surrounding technology. This edition includes concerns around Huawei’s threat to national security, the latest standard for USBs, and the latest Samsung phone’s problems unfolding.
In case of emergency
What more could have been done to lessen the effects of the attack?
Doing your homework on GDPR
Nearly a year on from its introduction, are you GDPR compliant? Legal expert Karen Holden reports.
July 2019 blog
Topics of this blogs include: Audit evidence: ISA 500 and Extended external reporting.
The big data benefits of Making Tax Digital
As businesses migrate their reporting online, Johnston Carmichael’s Ewan Bolt takes a look at the additional advantages of going digital.
Working together
The increased sharing of data from online banking with other business software and services can benefit accountants and their clients in numerous ways, including giving a boost to automation.
Tech in the mid-market
Industry experts discuss how mid-market businesses can embrace technology to enhance their offering.
The many uses of data analytics expressions
Simon Hurst breaks down how data analysis expressions work and what they can achieve.
Excel tips: Using dynamic arrays to transform your Excel experience
Simon Hurst explains how to take your Excel expertise to a whole new level with the gradual introduction of dynamic array functions.
Getting your financial models right
Financial models are vital tools in modern business, but are highly susceptible to being ruined by their creators' bad habits. ICAEW decided to turn this situation around by developing a new code of practice.
Finance in a Digital World
Digital transformation
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.
AI for finance professionals
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.
RPA for finance professionals
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.
The future of accountancy work
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.
IT management
Webinar resources
Thank you for registering on to the Business and Management Faculty's webinar, Influencing and persuading: Promoting your brand, broadcast on 15 May.
Behind the clouds: Getting the hang of cloud computing
Develop your awareness of cloud computing and its risks, with Peter Mandich’s introduction to the faculty’s new report for internal auditors.
Bring your own devices policy
Mark Taylor of the IT faculty explains the pros and cons of adopting BYOD and runs through practical tips for developing effective a BYOD policy.
Exploring CPU flaws Meltdown and Spectre
Almost every central processing unit is under threat from two flaws – Meltdown and Spectre. Leo Waldock explains what are they and why they are so dangerous, including tips for keeping them at bay.
Software
Technology and the changing role of the accountant
Damon Anderson from Xero looks at how technology is changing the world of accountancy.
Working together
The increased sharing of data from online banking with other business software and services can benefit accountants and their clients in numerous ways, including giving a boost to automation.
Get ready for August MTD submissions
Quarterly VAT filers need to be signed up and ready by their 7 August submission date, but should check important updates on digital record-keeping, says LSCA Taxation Committee member Sharon Cooke.
Technology and the profession
New technologies, ethics and accountability
This thought leadership report delves into the ethics of new technology and the seismic developments currently taking place in AI and algorithms, which are both exciting and morally concerning.
Fintech innovation: perspectives from Singapore and London
This international research report, in partnership with the Institute of Singapore Chartered Accountants (ISCA), explores the strengths and challenges for Singapore and London as fintech hubs, and identifies the key elements that underpin successful fintech innovation.
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.