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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

Fintech innovation in London and Singapore

As fintech grows in popularity, so does the ambition of countries wanting to grow the sector. Kirstin Gillon, technical manager in the IT Faculty, explains what can be learned from London and Singapore – including the importance of the Monetary Authority of Singapore and the Financial Conduct Authority.

ICAEW's global network

ICAEW provides support and resources for members overseas. Kirstin Gillon and David Lyford-Smith look at the key work of the IT Faculty abroad, including artificial intelligence, blockchain, cyber, data and fintech.

Webinars and recordings

Getting started with RPA - pilot projects

Alison Spottiswoode and Tim Grassam, from RPA software provider Blue Prism, offer practical insights into how to set up and run pilot robotic process automation projects in your organisation, drawing on the firm's 10 years of experience.

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

The audit transformed

The article looks at how ,faced with vast pools of data, regulatory pressures, and growing client expectations, today's auditors are walking a tightrope. The article mentions about the innovative technologies like artificial intelligence and automation are changing the game and enabling auditors to do their jobs with less risk and greater efficiency

Leverage technology to become a strategic partner

The article discusses how accountants and finance professionals can leverage technological innovations to develop their leadership skills and become strategic partners. Topics discussed include tips for communicating the implications of technologies on organizations, technological trends that accountants and finance professionals should gain knowledge of including artificial intelligence, blockchain and cryptocurrencies, and the importance of understanding the pros and cons of new technologies.

Explainable AI: learning how AI makes decisions

The article offers information on the decision making by artificial intelligence (AI). Topics discussed include lack of transparency despite advances in deep learning and neural networks improving the precision of AI algorithms; making own rules to determine things and evolve decision making by deep learning.

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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.

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'.

An executive's guide to AI

An interactive guide form McKinsey & Company giving essential information for executives on Artificial Intelligence, including an AI timeline, information (what is it/when to use it/how it works) on the different types of machine learning and deep learning with business cases for each.

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