Your Tech Faculty is changing
The Tech Faculty is changing. 2021 was the last year that we we collected subs and provided an additional, paid-for service for members. From 2022, all tech content will become available to all ICAEW members.
Keep up-to-date with tech issues and developments, including artificial intelligence (AI), blockchain, big data, and cyber security.
In anticipation of long-awaited government proposals to reform audit and corporate governance, auditors are adopting new technologies to help detect and prevent fraud.
Fraud losses are costing the UK economy tens of billions every year. Where do internal auditors sit within organisations’ efforts to provide contingencies?
OpenAI’s ChatGPT can answer questions to an impressive level of detail, but it needs work to address some significant issues before it could prove useful in audit and accountancy.
The Open Data Institute has been working on sharing best practice in order to improve sustainability data. Getting consistency and quality out of that data still poses a challenge.
As accountancy teams face challenges from all sides, technology is moving to help them, and their clients, future-proof their businesses. Accounting software specialist Kevin McCallum looks at the direction of travel.
The benefits and challenges with technology adoption are often two sides of the same coin. ICAEW’s Head of Data Analytics and Tech, Ian Pay, explores some practical steps to overcome the technology paradox.
How universities can cope with the rise of tools such as ChatGPT.
Data Analytics Community Advisory Group member Monica Odysseos returns with a second article in the ‘What is it really?’ series to simplify and explain newly defined terms and concepts in the world of Machine Learning for the non-tech user.
The mood is shifting when it comes to technological innovation. What are the economic benefits and implications?
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…
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.
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.
In this ICAEW Insights podcast we’re joined by the Small Business Minister to discuss recovery, productivity and sustainability, examine the newly formed ISSB, and assess HMRC’s CGT nudge for cryptoasset owners.
HMRC has sent letters encouraging holders of cryptoassets, such as Bitcoin, to consider their capital gains tax position, but stops short of sending them to non-UK domiciled individuals.
Employers will welcome new guidance from the Information Commissioner’s Office (ICO), the UK's independent body responsible for upholding information rights, on handling personal data about workers’ health.
Tim Robinson from Crowe shares his thoughts on cyber risks facing businesses and some simple strategies manufacturing businesses can take to build cyber resilience.
There is a common misconception that in moving to cloud-based systems, your technology environment is less secure. ICAEW’s Head of Data Analytics and Tech, Ian Pay, explores why this isn’t necessarily the case.
In anticipation of long-awaited government proposals to reform audit and corporate governance, auditors are adopting new technologies to help detect and prevent fraud.
Please note that the management liability insurance previously provided by the Community ended 31 December 2022.
OpenAI’s ChatGPT can answer questions to an impressive level of detail, but it needs work to address some significant issues before it could prove useful in audit and accountancy.
Find out how retailers can harness unstructured data alongside traditional metrics to influence every decision from forecasting and design, to timing marketing campaigns and product drops.
It’s a hot topic in finance right now. Rob Binns, CFO at Access Group, discusses why accountants should embrace, not fear, the acceleration of digital transformation.
Finance transformation will be one of the most in-demand skills over the next 10 years, says career coach for financial professionals, Oliver Deacon.
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.
In this article, we consider examples of how conditional formatting can be used in practice.
In this article, we talk about how to create a custom conditional formatting rule that will colour an entire row when a specific condition is met in one particular cell.
This article highlights a time-saving technique to speed up month-end reporting.
In this article, we look at the most common pet hate of spreadsheet experts everywhere: merged cells.
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.
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.
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.
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.
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.
ISA 315 requires auditors to gain an understanding of the audited entity’s information-processing activities. As Alex Russell highlights, the revised version of the standard is more scalable and provides more support material on IT-related risks.
The ICAEW Library & Information Service provides a hand-picked collection of industry press articles as a benefit of ICAEW membership. Browse articles on costing.
Our chart this week illustrates how home broadband capabilities have been improving in recent years, although still far short of ambitions to provide ultrafast speeds to most households across the UK.
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.
Drawing on real-life experiences, this collaborative thought leadership report by ICAEW and the Institute of Chartered Accountants of India (ICAI) considers how finance functions can harness automation to deliver greater value to business and the skills needed by accountants in the future.
As accountants increasingly innovate with data, AI and other technologies, is the profession’s ethics code fit for purpose in this new world?
Many businesses have had to adapt quickly in the last three months to deal with the impact of Covid-19 and lockdown, by making sure they are able to run their businesses remotely and mainly digitally by using and implementing the right kind of software.
Based on the materials created by ICAEW’s Tech Faculty, these resources became available to the wider ICAEW membership in January 2022.
Keeping you up-to-date with changes in technology, containing useful tips and advice.
View the latest community announcements and articles from Tech News and the Excel Community.
The latest news on technology and data as published in ICAEW's Insights section.
An archive of recordings of Tech Faculty webinars.
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
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.
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.
Stay up-to-date with the fast moving technology world by attending our webinars and events.