PwC adopts AI co-pilot for tax support
AI assistant will provide support to more than 2,000 PwC employees in the UK, with further potential to plug directly into clients’ tax functions.
Discover more about the impact of artificial intelligence and the opportunities it presents for the accountancy profession.
AI assistant will provide support to more than 2,000 PwC employees in the UK, with further potential to plug directly into clients’ tax functions.
Businesses are seeking the aid of artificial intelligence to drive efficiencies in their ESG reporting work – but users should be aware of some crucial caveats.
In this article Sudheer Sharma, chair of the Travel, Tourism & Hospitality Community, reflects on a successful 2023 and outlines the Community plans for 2024.
The accounting profession has been adapting to technology since the invention of the abacus in the second century BC. Now, with the explosion of big data, the increasing affordability of advanced analytics, and the adoption of artificial intelligence (AI) and blockchain, the industry is entering a new era of transformation. This digital transformation will revolutionise the practice of accountancy and have implications for entire businesses, societies and economies. By embracing the technological changes of the Fourth Industrial Revolution, Chartered Accountants can ensure they remain relevant and discover new opportunities for efficiency and innovation.
ICAEW's manifesto draws on the insights and expertise of our members in making a call to action for the next government. It sets out our vision for a resilient future UK economy that is: productive, highly skilled, sustainable, innovative, resilient, trustworthy and leading on trade.
ICAEW's manifesto draws on the insights and expertise of our members in making a call to action for the next government. It sets out our vision for a resilient future UK economy that is: productive, highly skilled, sustainable, innovative, resilient, trustworthy and leading on trade.
Every month, the Tax Faculty publishes short, practical pieces of guidance to help agents and practitioners in their day-to-day work. This month covers appeals, disputes and investigations; and penalties.
A snapshot of the steps being taken by audit firms to better facilitate fraud deterrence and detection.
2023 has heralded an ‘AI boom’ following advancements in computing and AI technology. ChatGPT has become the fastest growing app in history – bringing Generative AI to the handsets and desktop of the general public. This on-demand ICAEW Charity Community webinar examines the ‘why’ and ‘what next’ for charities and advise how to take advantage of the benefits of greater AI adoption, whilst safeguarding against key risks.
A group of international experts discuss the benefits and potential pitfalls of artificial intelligence becoming an integral part of the accountancy profession.
Understand how AI Standards, regulation and assurance combine to build and support industry and society.
On the latest ICAEW Insights podcast, we examine how recent developments are affecting the accountancy profession.
Disclaimer: The opinions expressed by external guest speakers in interviews or other publications included on this website are, by their nature, those of the speaker. They are not necessarily fully endorsed by the ICAEW or purport to reflect the official policies and views of the ICAEW or its members.
ICAEW is collaborating with Deloitte to ensure its members and students have the knowledge and skills to take advantage of the opportunities offered by the fourth industrial revolution and to meet its challenges head on. Log-in to access exclusive eLearning content.
The Library & Information Service provides a hand-picked collection of industry press articles as a benefit of membership. If you are unable to access an article, please see our Help and support or contact library@icaew.com
The article evaluates the ethical issues surrounding the use of the AI model ChatGPT in accounting education. It delves into how to mitigate these ethical risks, analysing the findings of a survey on how students view the ethical risks of using the chatbot in the classroom and how their instructors view it from a learning perspective.
The article focuses on the ways artificial intelligence (AI) integrated with enterprise resource planning (ERP) software can positively impact manufacturing. Topics include inventory management, quality control through AI-based inspection systems, pricing optimization, demand forecasting, AI's role in supply chain management, and predictive maintenance scheduling for minimizing downtime.
Using data from 14 countries and 186 institutions, the authors compare ChatGPT and student performance for 28,085 questions from accounting assessments and textbook test banks. As of January 2023, ChatGPT provided correct answers for 56.5% of questions and partially correct answers for an additional 9.4% of questions. The article provides evidence of how ChatGPT performs on different question types, accounting topics, class levels, open/closed assessments, and test bank questions. The implications for accounting education and research are also discussed.
Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
A LexisNexis July 2023 report into the views of UK legal professionals on using artificial intelligence (AI) tools within their firms. The report's findings included that clients want their law firms to adopt AI tools sooner than the latter think. Requires free registration to access.
Deloitte's fifth edition of the survey of executives to their sentiments and practices regarding AI technologies.
See also: 4th edition; 3rd edition; 2nd edition.
Policy paper from the Department for Digital, Culture, Media & Sport, Department for Business, Energy & Industrial Strategy, and Office for Artificial Intelligence on the UK's emerging approach to AI regulation.
ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.