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Technology

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

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Opinion and news analysis

ICAEW guide: generative AI’s role in accounting

Generative AI presents many opportunities, but also challenges for accountants. ICAEW’s Head of Tech Policy, Esther Mallowah, provides some views on how accountants should approach generative AI and why ICAEW developed its generative AI guide.

Generative AI's impact on customer service

Our latest research into the middle market, found that 53% of middle market business leaders believe generative AI can be used to improve customer engagement and 60% believe it will increase productivity. So, what does this mean for consumer-facing industries such as retail, leisure, hospitality and hotels, travel and tourism where human interaction has traditionally been placed at the very heart of the sector?

AI Powered Leadership: The Future of Chartered Accountancy

In this article, Michelle Howard, a skilled leadership and marketing consultant with extensive experience advising and training professional sector firms, discusses how leaders should be prepared to embrace the introduction of Artificial Intelligence (AI) into the sector. She contends that leaders should think now about adopting a clear strategy and policy of implementation, recruit staff who will be able to deal with AI in the future and train existing staff to become creative leaders in the age of AI.

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.

Leveraging the Companies House API using Python

Application Programming Interfaces (APIs) offer significant opportunities to the profession to bring in third party data into existing systems and processes to enhance them and add additional value. They also provide scope for integration, extending current system functionality, or allowing the embedding of new systems and software in a much more presentable way in your existing ecosystem.

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.

Repeatable calculations with dynamic arrays - part 2: key functions

Part 1 of this article series covered the common requirements in building financial models including illustrating some common repeatable calculations. The second part of this series covers the key functions required for repeatable calculations.

Advanced conditional formatting – part 2: the highlights

After looking in part 1 at some of the more advanced ways to use cell formats as part of conditional formatting, in this episode, we are looking in depth at the graphical conditional formats.

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.

Prioritising power efficiency

Article looks at how an increase in computing power can be balanced with the need for greater energy efficiency.

Tech Essentials: 10 steps to cyber security for smaller firms

Tech Essentials guides are designed to update members on the latest technology issues affecting and transforming the accountancy profession. Our cyber security edition explains how to best protect yourself, your business and your clients.

The new way of thinking

Six years ago, Salonica was set up as a boutique corporate finance adviser. As it closes its first investment fund, it has become a small investment firm with a key differentiator – its focus on diversity and sustainability. Marc Mullen speaks to founder Omar Majid.

Mastering mid-tier technology

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 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.

Opinion and news analysis

The latest opinion and news analysis on tech issues and developments, including artificial intelligence (AI), blockchain, big data, and cyber security.

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.