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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

Banking on data

Chris Evans speaks to data evangelist Ian Matthews at NGDATA about the challenges banks face adapting to the ‘next generation’ of customers

Byte size: Tech news roundup

A roundup of the latest news surrounding technology. This edition includes the government’s new Centre for Data Ethics and Innovation, a new charter on artificial intelligence in judicial systems, folding phones and the potential for embedding microchips in people.

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 IT Faculty and Deloitte outline the basics of this complex and developing technology.

Introducing Figured

Figured is a platform that provides a single source of truth for collectively making financial decisions.

Untangling your data

Derek Blair of Pinkham Blair explores the ample market opportunities to be found in helping businesses untangle their data, including explaining the term ‘data plumbing’.

The seven technologies transforming finance work

Disruptive technologies are creating opportunities for accountants to use their skills in faster and more efficient ways. Tim Leung, Management Consultant at Deloitte, outlines the key technologies which the big four firm believes are transforming finance in his webinar: "Visualising finance transformation in a digital world".

Practice 2018

Digital and Cloud Accounting - 5 KPIs all firms should monitor regularly

Banking on data

Chris Evans speaks to data evangelist Ian Matthews at NGDATA about the challenges banks face adapting to the ‘next generation’ of customers

Revising ISA 315: why the IAASB needs to get it right

Proposals to revise ISA 315 will be far-reaching, so ICAEW is urging the IAASB to take the time to get it right, says Katharine Bagshaw. She covers inherent and significant risks, IT, work on controls and ‘smaller and less complex entities’

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.

China

Find business guides, support networks and help on importing and exporting for China.

The case for MTD for VAT

Glover Stanbury’s Kevin Salter explains why Making Tax Digital for VAT is sure to make some things easier in 2019, even if people don’t take to digital record-keeping immediately.

Time to invest in MTD future

Making Tax Digital is only a few months away now, but this is only the start of the overhaul of the tax system, says ICAEW IT Faculty technical manager Mark Taylor.

MTD Live

Sue Moore and Anita Monteith of the Tax Faculty report on an ICAEW event focusing on software for Making Tax Digital, held on 15 October 2018 at Chartered Accountants’ Hall. It covered MTD-compliant software, a presentation from Xero, MTD for VAT and much more.

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.

TAXguide 02/18: Demystifying MTD - the VAT requirements

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.