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Artificial intelligence

Discover more about the impact of artificial intelligence and the opportunities it presents for the accountancy profession.

In this section

Features and articles

Internet of things and accounting

To find out how businesses and accountants are approaching this powerful new technology, we partnered with the Shanghai National Accounting Institute and Inspur to talk to IT, operations and finance professionals across China, which is playing a leading role in the development of the IoT.

Digital transformation in finance functions: UK and ASEAN perspectives

This thought leadership report provides a rare insight into how digital transformation is being managed in practice across a range of different business settings, and highlights pertinent considerations for leaders undertaking their own transformation projects.

Webinars and recordings

Finance in a digital world

Finance in a Digital World

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 content, including: eLearning, webinars and bite-sized summaries on individual technologies and the broader impact of digital technologies on finance.

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

What is Natural Language Processing (NLP)?

The article discusses the uses of natural language processing (NLP), a branch of computer science and artificial intelligence that enables computers to extract meaning from unstructured text. Topics discussed include applications that we use every day, including digital assistants, web search, email, and machine translation; and approaches to natural language processing.

Robotic Process Automation: bringing on bots to enhance a CPA's work

The article offers information on the robotic process automation (RPA) technology that is the combination of existing technologies into easy-to- use automation platforms. It looks how RPA will impact on the work of accountants, reducing the amount of time spent on basic data processing and allowing them to work on more strategic and impactful decision-making tasks.

Govern your bots! Elevate the value of robotic process automation through effective governance of your new digital teammates.

The article discusses the need to upgrade robotic process automation (RPA) by effective governance of digital workers (bots). Topics covered include different models for an RPA program, the key risk areas in bot implementation, and five critical actions to ensure relevant and effective bot governance. Also noted are the seven key components of RPA governance.

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Useful links

AI and corporate reporting: how does it measure up?

Report from the FRC's Financial Reporting Lab which covers background on Artificial Intelligence (AI), what it is and how it has developed and some of the potential use cases that AI has for corporate reporting. Some actions for all those involved in corporate reporting are given as recommendations.

Deloitte Robotics Annual Survey

Each year Deloitte publishes its Global Robotics Survey where it asks businesses around the world about their awareness and implementation of RPA.

AI in the UK: ready, willing and able

House of Lords Select Committee on Artificial Intelligence report of session 2017-19 whose 'recommendations are designed to support the Government and the UK in realising the potential of AI for our society and our economy, and to protect society from potential threats and risks'.

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