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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

Opinion and news analysis

Hybrid working: making the tech work for teams

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.

AI: What is it really?

Returning to the world of technology as a data scientist there was a lot to learn; and most of it, not explained simply enough. So, follow Data Analytics Community Advisory Group member Monica Odysseos on this journey as she looks to explain the world of AI…

Codeless Machine Learning for Auditors

In the new era of digitalisation, there are emerging challenges relating to the new technology risks while fraud risk increases, adopting new and innovative methods in line with technological progress. In this environment, audit should develop data analytics skills that are beyond traditional risk monitoring and fraud detection tools to meet stakeholders’ evolving expectations.

Blockchain and cryptoassets

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.

PII market update: COVID, sanctions and cyber

In our latest update on professional indemnity insurance (PII), we look at the continuing hard market and how some key issues – from COVID-19 and Russian sanctions to the ever-present risk of cyber attacks – could affect the renewal process.

AI: What is it really?

Returning to the world of technology as a data scientist there was a lot to learn; and most of it, not explained simply enough. So, follow Data Analytics Community Advisory Group member Monica Odysseos on this journey as she looks to explain the world of AI…

Codeless Machine Learning for Auditors

In the new era of digitalisation, there are emerging challenges relating to the new technology risks while fraud risk increases, adopting new and innovative methods in line with technological progress. In this environment, audit should develop data analytics skills that are beyond traditional risk monitoring and fraud detection tools to meet stakeholders’ evolving expectations.

Why accountants can help schools navigate choppy waters

As pupils return to school, school governing boards are taking stock of the challenges they have faced in the wake of the pandemic and begin to look ahead to the new academic year. How can finance professionals get involved in helping schools navigate these choppy strategic seas – and what are the benefits of volunteering in education?

Hybrid working: making the tech work for teams

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.

Clustered stack column chart

Pie and donut charts are not recommended for comparatives, this article suggests how to do them with a clustered stack column chart

Excel Tips and Tricks #455 - Data Conversion

Hello all and welcome back to the Excel Tips and Tricks. This week, we have a General User post in which we are taking a closer look at how to convert data types in Excel.

TEXTBEFORE(), TEXTAFTER, TEXTSPLIT()

Three new text functions have been introduced in Excel to help extract values from text containing some sort of delimiter. We take a detailed look at some of the arguments available as part of these new functions to help you to get the most from them and also highlight some significant changes between the preview and release versions of the functions.

How to Review a Spreadsheet Part 4: Design Principles and Formula Errors

The last three blogs in this series will now look at validating the details within the spreadsheet. The range of these items that should be applied will need to be proportionate to the context, scale and risk of the spreadsheet being reviewed.

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.

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.

How best to regulate the bank cloud boom?

The adoption of the cloud by banks is hard to regulate given the rapidly growing supply of services by third parties. But financial regulators are increasingly turning their sights on the megatrend.

Digitalisation of tax: international perspectives

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.

Based on the materials created by ICAEW’s Tech Faculty, these resources became available to the wider ICAEW membership in January 2022.

Practice Tips

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

Tech essentials guides

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.

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.