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

Why AI can’t fully automate accountancy

17 January 2020: the term "automation" strikes fear into the hearts of many professionals, but Head of the ICAEW Tech Faculty Richard Anning explains why the limitations of technology mean accountants will always have a role to play in optimising their clients’ financial position.

AI-driven companies can outstrip traditional ones

Article looks at how machine intelligence has changed business, how Artificial Intelligence can be put at the heart of a company and how companies that have done this are can outstrip traditional firms.

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.

Staffing: joiners, leavers and the IT implications

When staff join or leave the practice or business, the process is no longer as simple as obtaining or issuing a P45. All the IT resources need “setting up” or “disabling” – but even disabling is not necessarily the end of the story.

Regulation and risk – the good, the bad and the ugly

Saffery Champness and the ILFM (the Institute for Legal Finance and Management) recently collaborated to produce their inaugural law firm survey. Titled “Regulation and Risk – The Good, The Bad and The Ugly”

Cybercrime a fact of life

Fraud and cybercrime represent a significant cost. The recent 2019 ‘Financial Cost of Fraud Report’, researched by Crowe UK and the University of Portsmouth, found that global losses equate to £3.89 trillion annually – a figure which amounts to 6.05% of the world’s GDP.

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.

ICAEW Accredited Technology

ICAEW's accredited software spans E-Commerce products to Property Management and Letting software and a host of others all designed for the accountancy industry. Each is rigorously individually evaluated and available from reputable companies.

Apps in the factory

The UK manufacturing sector will play a vital role in ensuring that the economy remains robust after we leave the European Union.

Big data and analytics: the impact on the accountancy profession

Big data is creating many opportunities for businesses to derive greater insight from data, predict future outcomes more accurately and automate non-routine tasks. But the use of big data and analytics needs to be appropriate and subject to robust challenge. As a result, it’s important to build our understanding around what big data means, and this short report aims to inform decision makers in business and government about the opportunities and risks in this area.