IT Faculty
Find out more about the ICAEW IT Faculty, governance, constitution, annual general meetings and annual reports.
Keep up-to-date with tech issues and developments, including artificial intelligence (AI), blockchain, big data, and cyber security.
It might be difficult to see how a new electric toothbrush can illustrate the dark side of the Internet of Things. But when you consider privacy concerns, it might be easy to see, as Leo Waldock explains.
What is the Internet of Thinking? Heard of dark data? How about extended reality? Richard Cree considers what technology in the workplace will look like in future.
Doom-laden tales of how artificial intelligence will affect accountancy resurface every time the subject hits the headlines. But the positives deserve a regular mention too.
Can technology boost audit quality and solve the crisis in the audit profession? Lesley Meall explores some possibilities.
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.
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.
This section provides an overview to the technical aspects of how blockchain works.
Digital and Cloud Accounting - 5 KPIs all firms should monitor regularly
As Paul Aplin becomes ICAEW president he sets out his priorities. He talks about why digital is crucial, how technology is changing audit, how artificial intelligence is impacting businesses and how the pace of change is approaching revolution.
What do the changes in the business banking sector mean for FDs and CFOs? Pádraig Floyd finds out
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.
A roundup of the latest news surrounding technology. This edition includes Google being fined €4.34bn by EU, new PwC research on artificial intelligence, and more.
The National Cyber Security Centre explains the importance of government and industry working together to reduce the impact of cyber threats to the UK.
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.
ICAEW’s financial services faculty is looking at how firms and consumers can deal with the challenges presented by a big data world.
This webinar will focus on the progress made by two medium sized audit practices one year on from the last webinar presented by Alex Peal and Lisa Leighton.
Can technology boost audit quality and solve the crisis in the audit profession? Lesley Meall explores some possibilities.
Employers should check if they may still automatically carry out blanket criminal conviction checks lawfully on prospective new employees, now that the General Data Protection Regulations (GDPR) and Data Protection Act 2018 are in force.
Simon Hurst explains how to use Data Validation and hierarchical lists together.
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.
Microsoft Excel guru Simon Hurst explains what you can do when conditional summary functions aren’t flexible enough.
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.
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.
Overview from professional partners Oracle that highlights the 6 drag factors in cloud adoption. Follow the link to the Oracle website and download the full guide (registration required).
Iain Coke looks at the pros and cons in financial services of ditching old IT systems for new ones
Della Hudson, Consultant, Author of The Numbers Business, and former owner of Hudson Accountants Ltd writes about her experience of automation as a start-up owner.
A roundup of the latest news surrounding technology. This edition includes Google being fined €4.34bn by EU, new PwC research on artificial intelligence, and more.
Can technology boost audit quality and solve the crisis in the audit profession? Lesley Meall explores some possibilities.
David Lyford-Smith recounts a two-week trip across South-East Asia, discussing how technology is changing accounting.
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.
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.
Making the most of new technologies is not always straightforward. Kirstin Gillon looks at how finance functions have got to grips with digital.