IT Faculty
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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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In this section
Artificial intelligence
The price is not right
Dominic Lindley looks at lessons learned in price regulation in financial services
Byte size: Tech news roundup
A roundup of the latest news surrounding technology. This edition includes enhancements to Bluetooth, statistics on the usage of artificial intelligence, and a teenager earning a ‘bug bounty’ for finding a flaw in FaceTime.
Moral maze: The ethical challenges of AI
AuditFutures is exploring the profession’s adoption of artificial intelligence and the associated ethical challenges.
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
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 IT Faculty and Deloitte outline the basics of this complex and developing technology.
Cloud computing
In case of emergency
What more could have been done to lessen the effects of the attack?
The right security approach
Improving your office operations may be just an app away. Whether it’s collaboration, file sharing, instant messaging or productivity solutions, here we profile seven apps on the market.
Byte size: Tech news roundup
A roundup of the latest news surrounding technology. This edition includes enhancements to Bluetooth, statistics on the usage of artificial intelligence, and a teenager earning a ‘bug bounty’ for finding a flaw in FaceTime.
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.
Cyber security
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.
Building a new life for the future
Against a background of rising populism, crushing austerity and climate change, infrastructure has suffered. Here, Henry Teitelbaum explains how global risks demand sharper focus on the matter.
Doing your homework on GDPR
Nearly a year on from its introduction, are you GDPR compliant? Legal expert Karen Holden reports.
Open Season
Dave Gardner, lead of the financial services practice at law firm TLT, talks to Chris Evans about the challenges and opportunities of open banking and the revised Payment Services Directive.
The price is not right
Dominic Lindley looks at lessons learned in price regulation in financial services
Staying protected no matter what happens with Brexit
Whether we stay or leave the EU, data protection remains an important concern for organisations. Dr Sam De Silva explains the steps needed to ensure you’re on top of things.
Excel tips the thrill of the drill down and up buttons
Simon Hurst explains how PivotTables can drive management reporting and the creation of interactive dashboards.
Keeping up with new features in Excel
Simon Hurst explains how you can avoid the Fear Of Missing Out when it comes to new features in Excel through the ICAEW Excel Community.
The Excel Community's new financial modelling code
The Excel Community has created a new code – an application of the tenets of best practice and the Twenty principles for good spreadsheet practice to financial modelling construction.
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
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.
Counting the costs of IaaS and SaaS
The article focuses on the development of public cloud, where a third-party provider makes computing services over the Internet. It mentions that public cloud is divided into infrastructure as a service (IaaS) and software as a service (SaaS). It mentions that the SaaS market is mature and filled with companies including Microsoft Office 365, Google G Suite and Salesforce.com Inc
Steering a safe course through hybrid cloud
The article informs about an increase in spending on public cloud information technology (IT) infrastructure by companies as of February 2019. Managing this mixed infrastructure of public and private cloud and on-premises data centres operating in parallel, is looked at.
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.
Software
Reflecting on changes to the tax landscape
Rebecca Benneyworth considers some April changes that provide food for thought. She discusses, among other things, Making Tax Digital, increases in staff costs and the ‘sorry saga’ of the controversial loan charge legislation.
The right security approach
Improving your office operations may be just an app away. Whether it’s collaboration, file sharing, instant messaging or productivity solutions, here we profile seven apps on the market.
Cover story: Selecting software for business success
There is a dizzying array of software choices available to the modern business, but what’s the best one for you? The Business Application Software Developers Association can help.
Technology and the profession
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.
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.