Displaying 1-50 of 207 results
Members needed to shape guidance on AI ethics
- 28 Mar 2024
- ICAEW Insights
ICAEW is developing CPD modules on artificial intelligence and ethics – and would like your input on their structure.
Exclusive
A practical application of AI: Building a Technical Director GPT
- 27 Mar 2024
- Dudley Gould, VP of Business Development, Circit
Dudley Gould, VP of Business Development at Circit, explores how ChatGPT can be used to build a customised technical GPT and discusses how and when accountants and auditors might use generative AI.
Exclusive
The role of Internal Audit in ethical AI
- 21 Mar 2024
- Dimitris Kaskantanis
As AI progresses and gains wider acceptance, ethical considerations become increasingly significant. AI introduces ethical challenges across various domains, including democracy, justice and diversity and inclusion. This article explores these considerations, the associated risks, and the role internal auditors can play in promoting ethical conduct.
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New £7.4m AI training fund open to accountants
- 19 Mar 2024
- ICAEW Insights
ICAEW is urging accountancy firms to sign up to a new £7.4m funding pot to help staff at small and medium sized businesses boost their artificial intelligence (AI) skills.
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ICAEW/RQ tie-up aids integrated advisory
- 19 Mar 2024
- ICAEW Insights
RQ platform puts ICAEW members at the heart of a professional services eco-system that enables them to provide more integrated advice and support to their clients.
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PwC adopts AI co-pilot for tax support
- 15 Mar 2024
- ICAEW Insights
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.
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How AI is blazing a trail in ESG reporting
- 08 Mar 2024
- ICAEW Insights
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.
Exclusive
Looking back and looking ahead
- 07 Mar 2024
In this article Sudheer Sharma, chair of the Travel, Tourism & Hospitality Community, reflects on a successful 2023 and outlines the Community plans for 2024.
Transforming accounting through technology: embracing big data, AI and blockchain for a better tomorrow
- 05 Mar 2024
- Zayd Maniar, International Liaison Partner, Crowe UAE
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...
Could AI answer the call for increased Financial Discipline?
- 05 Mar 2024
- Mark Billington FCA, Managing Director, International, ICAEW
The call for financial discipline is more relevant than ever before.
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CYBER ROUND-UP
Cyber round-up: February 2024
- 28 Feb 2024
- ICAEW Insights
This month we look at the latest stories in the world of cyber, the lessons 2023 has taught us on how to improve cyber security, and the changes to the Online Safety Act.
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What makes generative AI such a game changer?
- 23 Feb 2024
- ICAEW Insights
While older types of AI were in many ways process-based machines, Gen-AI displays strong signs of intuition, initiative and creativity. What does this distinction between ‘new’ and ‘old’ AI actually mean?
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How generative AI is set to disrupt finance
- 20 Feb 2024
- ICAEW Insights
As its capabilities grow, Gen-AI is poised to shake up the finance function in general and accountancy in particular – but its risks and drawbacks cannot be ignored.
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What Horizon tells us about ethics and technology
- 15 Feb 2024
- ICAEW Insights
There are lessons to be learned from the Post Office Horizon scandal about the ethical issues that can arise from the technology we use.
Don't let AI tools land you in hot water
- 12 Feb 2024
- ICAEW
In this article we cover some of the professional ethical implications you need to consider when using Generative AI tools such as Chat GPT.
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CYBER ROUND-UP
Cyber round-up: January 2024
- 30 Jan 2024
- ICAEW Insights
As the year begins, organisations reflect on lessons learned in 2023, and set priorities and develop strategies for improving cyber security in 2024.
Generative AI case studies
- 26 Jan 2024
Read our case studies on the use of generative AI in accounting.
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ICAEW leads charge against cyber-security threats in deals
- 24 Jan 2024
- ICAEW Insights
Taskforce brings together the great and good of UK dealmaking to tackle the increasingly volatile and fast-moving nature of cyber-security risks.
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Deloitte launches co-pilot PairD
- 19 Jan 2024
- ICAEW Insights
With the introduction of its own tailored version of a co-pilot, Deloitte is just one of the Big Four firms expanding their use of the technology to boost innovation and efficiency.
Microsoft 365 Copilot or get the features without the pricey license
- 17 Jan 2024
- David Benaim
Chat GPT style conversational AI in Excel, Word, PowerPoint, Outlook, Teams, and more Microsoft 365 apps finally launched, some have access but at a price of $20 for Copilot Pro or $30 per month for Copilot for Microsoft 365 (the GBP price is not yet published at the time of writing), is it worth it? This article (or jump to the end of the article for a summary table) will cover Microsoft 365 Copilot’s capabilities and also describe alternative ways, beat for beat, to get to the same features, however, this is a non-exhaustive list based on capabilities in early 2024.
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Finance leaders highlight AI skills shortage
- 15 Jan 2024
- ICAEW Insights
Resilience and efficiency is at risk as CFOs warn finance teams don’t have the necessary skills to embrace new technologies.
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Data analytics: Enabling Net Zero
- 08 Jan 2024
- Craig Stirk
Data analytics in its many forms has crucial roles to play in enabling the achievement of Net Zero. Craig Stirk, Chief Data Officer at Sprift, explores the role of analytics in this area as well as challenges that can limit the analytics-enabled delivery of net zero.
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2024 - a year of major change
- 02 Jan 2024
- ICAEW Insights
Several general elections across the globe have great implications for the profession in 2024. But those are not the only changes that will affect accountants.
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Unlocking the Benefits of a Unified Data Platform for (Internal) Auditors
- 11 Dec 2023
- Polyna Christakou
There are several data-engineering platforms in the market that allow organisations to process and transform large data sets. In this article, Polyna Christakou, Head of Internal Audit Data Analytics at Eurobank, shares her experience with using Microsoft Azure Databricks, a unified data warehouse.
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Why AI regulation must be stepped up
- 05 Dec 2023
- ICAEW Insights
Artificial Intelligence offers exciting potential benefits to the audit profession, but without regulation it risks creating as many problems as it does solutions, warn Andrew Moyser and Mark Lumsdon-Taylor.
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Data sharing as a policy intervention
- 21 Nov 2023
- David Bholat
The recent and spectacular advances made in generative artificial intelligence have been possible because of shared data.
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Regulatory Update October 2023
- 16 Nov 2023
- ICAEW Financial Services Faculty
The following is a list of some regulatory publications or announcements from October 2023 affecting UK financial services.
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AI Copilot takes flight to save auditors time
- 26 Oct 2023
- ICAEW Insights
Fuelled with cutting-edge generative AI, new software aims to add dramatic efficiencies to lease accounting – enabling professionals to focus on higher-value decision making.
Insider dealing: Quantexa hits unicorn status
- 11 Oct 2023
- Nicholas Neveling
- Corporate Financier
In one of the toughest funding round markets in years, AlbionVC portfolio company Quantexa achieved unicorn status in April. Nicholas Neveling says this proves that tech firms with great prospects are still being backed to grow.
Case study: Software developer using generative AI - EngineB
- 06 Oct 2023
Franki Hackett, Head of Audit and Ethics at EngineB, shares how EngineB embedded generative AI into their product.
Exclusive
Autumn events season: AI don't believe it!
- 03 Oct 2023
- Ian Pay
As the world of accountancy emerges from a break over the summer, we find ourselves heading full tilt into an autumn season of big events. But from a data analytics perspective, what have we learnt so far?
Add some Power to Audited Accounts with Power BI
- 02 Oct 2023
- Eden Smith
In this article, we explore how you can use Microsoft Power BI to streamline the process of creating audited accounts at a low cost.
YOUR QUESTIONS ANSWERED
Your Questions Answered #8 – Does Power BI leave the underlying data source unchanged?
- 27 Sep 2023
- Monica Odysseos
In a recent ‘Power Tools Part 2: Harness the potential of Power BI’ webinar, Monica Odysseos explored the fundamentals of Power BI, including loading data and understanding its structure. Monica returns to answer some questions from the webinar she was unable to respond to during the session.
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ICAEW guide: generative AI’s role in accounting
- 26 Sep 2023
- ICAEW Insights
Generative AI presents many opportunities, but also challenges for accountants. ICAEW’s Head of Tech Policy, Esther Mallowah, provides some views on how accountants should approach generative AI and why ICAEW developed its generative AI guide.
Generative AI's impact on customer service
- 26 Sep 2023
- RSM
Our latest research into the middle market, found that 53% of middle market business leaders believe generative AI can be used to improve customer engagement and 60% believe it will increase productivity. So, what does this mean for consumer-facing industries such as retail, leisure, hospitality and hotels, travel and tourism where human interaction has traditionally been placed at the very heart of the sector?
AI Powered Leadership: The Future of Chartered Accountancy
- 25 Sep 2023
- Michelle Howard
- Solicitors Community Newsletter
In this article, Michelle Howard, a skilled leadership and marketing consultant with extensive experience advising and training professional sector firms, discusses how leaders should be prepared to embrace the introduction of Artificial Intelligence (AI) into the sector. She contends that leaders should think now about adopting a clear strategy and policy of implementation, recruit staff who will be able to deal with AI in the future and train existing staff to become creative leaders in the age of AI.
Legal considerations
- 19 Sep 2023
Dr Sam De Silva, Partner and Global Co Head of the Commercial Practice Group at international law firm, CMS Cameron McKenna Nabarro Olswang LLP (CMS) and member of the ICAEW Tech Board, shares his thoughts on the legal and regulatory issues you should consider when using generative AI in your organisation.
Glossary of generative AI terms
- 18 Sep 2023
Discover the key technical terms associated with generative AI and their meaning.
Do's and don'ts of generative AI
- 18 Sep 2023
Find out what you should and shouldn't do when it comes to using generative AI.
Cyber security considerations when using generative AI
- 18 Sep 2023
When considering the implementation of generative AI into your organisation, it is important to consider the risks that LLMs present to your organisation’s cyber security.
Prompt engineering
- 18 Sep 2023
One of the key topics of discussion around generative AI is prompt engineering; how to ask LLM bots the right questions to get the detailed and accurate response you are looking for.
Generative AI and ethics
- 18 Sep 2023
Learn about what ethical consideration to keep in mind when using generative AI.
Using generative AI
- 18 Sep 2023
Discover what things you should consider when implementing and using generative AI.
Risks and limitations of generative AI
- 18 Sep 2023
The potential for generative AI is immense, but there are risks that accountants should be aware of when deciding to adopt generative AI. Existing approaches to tech strategy and wider governance principles, practices, and processes may not be completely suitable for generative AI and may need adapting and strengthening.
Opportunities and possibilities of generative AI
- 18 Sep 2023
Generative AI-enabled tools and capabilities are increasingly being used to augment human capabilities. For accountants, generative AI can help with a range of internal activities.
Getting started with generative AI
- 18 Sep 2023
Many accountants will have access to products and services that can provide access to generative AI capabilities. Some will look to proactively embed capabilities. Whatever the approach, there are certain considerations and actions that anyone looking to adopt generative AI should take.
Generative AI: A brief introduction
- 18 Sep 2023
Artificial intelligence (AI) is evolving fast and its ability to imitate human capabilities is increasingly impressive, especially with developments in generative AI.
Exclusive
Identifying and addressing risks of material misstatement
- 08 Sep 2023
- Andrew Paul
- Audit and Beyond
Andrew Paul considers key elements of the revised ISA (UK) 315 and how they relate to the fast-changing business landscape.
Digital tools and AI bunnies: The Charity Excellence Framework is a one-stop shop to support your charity
- 29 Aug 2023
- Kristina Kopic
- Charity Community Newsletter
The Charity Excellence Framework helps charities ask the right questions, identify priorities and access relevant, trustworthy resources or organisations that can help charities improve, all with the help of artificial intelligence and a big vision.
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ChatGPT will assume tasks, not take jobs
- 29 Aug 2023
- ICAEW Insights
The rapid rise of generative AI models such as ChatGPT has led to discussions about what it might mean for the future of jobs. According to the EMEA AI lead at Microsoft, it’s an opportunity, not a threat.
Displaying 1-50 of 207 results