ICAEW.com works better with JavaScript enabled.

Technology

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

In this section

Opinion and news analysis

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.

The future of UK VAT as a digital tax

With the pace of change constantly accelerating, EY’s Joseph Eloi, Manager, Tax and Trade Strategy, explains the need for a roadmap from HMRC, so that businesses can start planning.

Tech gets set for an investment boom

Many private equity firms and VCs are awash with cash and looking for higher returns. Meanwhile, myriad companies are undergoing major digital transformation. David Prosser speaks to ICON’s Alan Bristow and Brian Parker about the ongoing investment boom for tech and the sector’s longer-term outlook.

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.

Cyber risk

Explaining why cyber risk is an area that all companies increasingly need to focus on.

How close are we to a cashless society?

With 15 countries, including seven in Europe, planning to go cashless in the next decade, are we ready to abandon cash? And what legal, regulatory and ethical hurdles do we need to overcome first?

One-step data shop for small cap investment

Setting up MarktoMarket five years ago was a bold decision for its CEO Doug Lawson and his co-founder Martin Clarke. But Lawson tells Marc Mullen how filling that big data gap in the small-cap segment of the market is proving invaluable for advisers

Using tech to enhance audit

The rate of technology adoption has accelerated during and post-pandemic as firms have engaged with new ways of working. How are these ever-changing tools reshaping audit?

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.

Excel Community round up July 2022

Here are all the new Excel articles and webinars from the Excel Community in July 2022.

Is this the end for Excel’s SUMIFS() function?

The conditional aggregate functions such as SUMIFS() have long been some of the most useful functions for working with financial data, but they have their shortcomings and there might now be a more flexible and capable alternative.

Slicing One Element on a Chart Only

Consider a scenario where create a chart, say, a line chart, but you only want one element (one of the lines) to be modified using a slicer. To illustrate, let’s have some data:

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.

How best to regulate the bank cloud boom?

The adoption of the cloud by banks is hard to regulate given the rapidly growing supply of services by third parties. But financial regulators are increasingly turning their sights on the megatrend.

Limited additional funding for HMRC in Spending Review

HMRC’s Spending Review 2021 settlement will see its spending, excluding that ringfenced for COVID-19, increase to £5.2bn per year by 2024/25. ICAEW’s Tax Faculty explains how HMRC might prioritise the £0.9bn funding increase on its 2019/20 settlement.

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.

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.