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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

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.

Coronavirus (COVID-19): tech considerations around home working

26 March 2020: coronavirus is forcing many people to work from home to reduce social contact and minimise the associated risk of transmitting the disease. Technology is key to helping people work at home, so what are some of the things to consider when setting up and managing home working for your staff over the coming weeks and months? 

Developments in auditing

As National Head of Audit at Baldwins, Carol Warburton wants to imbue a real enthusiasm to embrace change in her staff.

Addressing the challenges of income recognition

Saffron Walden Building Society’s Maurice Mills and Whistlebrook’s David Webber discuss how to approach the challenges of income recognition in the face of changing customer behaviour.

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.

Coronavirus guide: cyber hygiene and data

Criminals thrive in times of uncertainty and fear, and the UK’s National Cyber Security Centre (NCSC) has already reported an increase in cyber threats which refer directly to the coronavirus. This guide outlines the key steps to basic cyber hygiene and highlights some useful resources.

TSB IT fiasco a corporate governance failure

Laura Miller discovers the corporate governance failings that led to the TSB IT crash, which left customers locked out of online accounts and drew regulatory attention.

Collaboration in the workplace

Working from home is different. Whilst I frequently practice this, it is generally software development or writing articles, books, etc. which does not require much, if any, input from others. “Normal” accounting practice work is (or was) generally office based.

Coronavirus (COVID-19): tech considerations around home working

26 March 2020: coronavirus is forcing many people to work from home to reduce social contact and minimise the associated risk of transmitting the disease. Technology is key to helping people work at home, so what are some of the things to consider when setting up and managing home working for your staff over the coming weeks and months? 

Practice management guide

The main benefits of incorporating a practice management tool in accounting firms include being able to plan and monitor work tasks, as well as forecasting fees from clients and flagging any monies outstanding.

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.