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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

Role of assurance in risk management

Internal best practice design and controls are critical tools to ameliorate the risks in deploying cognitive technologies. However, in particularly important cases, or where the risk is unacceptably high, organisations should consider bringing in additional expertise to validate their design principles, controls or the model itself.

Risks and assurance of emerging technologies

Cognitive and automation technologies such as artificial intelligence (AI) have drawn a great deal of interest, but also concern about the potential for bias and misuse. ICAEW’s Tech Faculty examines the risks associated with the adoption of emerging technology and how these risks can be tackled through internal controls and assurance.

AI in Corporate Advisory

The Corporate Finance Faculty and Drooms have published the world’s first research about the role of artificial intelligence in deals.

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

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

Trust is essential for AI implementation

The authors present a four phase approach to the implementation of artificial intelligence in a workplace, which allows for trust, which is a key condition for AI adoption, to be cultivated.

Coronavirus: the role of AI in the 'war' against epidemics and pandemics

This article looks at how Artificial Intelligence is being used to help governments prepare readiness for epidemics with computer modelling in much the same way as they prepare for wars. It also mentions AI can help for patient isolation, contact tracing, treatment and vaccination.

IoT adds preservation support for the tomb of Tutankhamun

Article describes how Internet-of-Things technology is helping a team of geologists from Canada's York University and the University of Zurich to ensure that the Valley of Kings heritage site maintains structural stability.

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Useful links

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 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'.

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