Financial forecasting and budgeting software should be capable of supporting the forecasting and budgeting functions for which it was designed.
Features and articles
Damon Anderson from Xero looks at how technology is changing the world of accountancy.
A roundup of the latest news surrounding technology. This edition includes La Liga being fined €250,000 for violations of the General Data Protection Regulation, marketers needing new ways to get the attention of generation Z, and companies struggling to fill digital roles.
Jessica Pillow offers her takeaways from the Alternative Accountancy Strategic IT Conference, which showed that accountants have common ground when it comes to tech issues.
Cloud computing is transforming business IT services, increasing its operational efficiencies and reducing its costs. But the use of cloud computing services also poses significant risks that need to be planned for by audit committees, boards and management if they are to be handled effectively.
Cloud computing is transforming business IT services, but it also poses significant risks that need to be planned for. This practical guide for internal audits outlines how they should assess risk management.
Use of Cloud services continues to grow rapidly.
Find out whether you should consider encrypting your data, how encryption works in practice and what types of appropriate technical and organisational measures are common.
Webinars and recordings
The webinar will look at the challenges faced by internal auditors in auditing the cloud.
Matt Flanagan, Managing Director at Bluehub, describes the types of add-ons and applications in the cloud account ecosystem in this webinar. He also outlines the process for applications with clients and gives top tips for the journey with technology.
Expert Thinking's Ben Fry outlines how moving to the cloud has the potential to transform your business and significantly enhance your value proposition. In this webinar, he explains the key issues you need to consider before implementing the technology.
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 firstname.lastname@example.org
The article presents information on the ways business enterprises can control their cloud computing costs. Topics discussed include the use of cloud for business agility and competitive reasons, total cost of ownership over the life of the application, and cloud administrators' focus on doing everything as infrastructure as a service (IaaS).
The article presents case studies of accounting firms who were successful through technology using cloud computing software. Software services included payroll management, servicing remote clients, and doing bill payment, software products included Xero, QuckBooks Online, and Sage Business Cloud Accounting.
The article discusses the pitfalls to cloud bursting, a process in cloud computing where some workloads in a private cloud are moved to a public cloud for a temporary period to deal with peaks in information technology (IT) demand. Topics covered include managing peaks in website traffic with on-demand infrastructure, impact of cloud bursting on data storage, locking process in metadata management and cloud bursting storage solutions.
Overviews and beginners guides to cloud computing from Tech Donut.
Resources from CloudWATCH, a project funded by the European Commission, providing practical information and guidelines for SMEs on cloud computing. Includes the interactive tool European CloudScout which provides tailored information for businesses on how best to use the cloud.
FCA guidance relevant to firms who are interested in outsourcing to the cloud and other third party IT services. It may also be of interest to third party IT providers (including cloud providers), trade associations and consumer groups, law firms and other advisers, and auditors of financial services firms.
Guidance from British Application Software Developers Association (BASDA) to help buyers of business software make the right decisions. It offers advice and best practices seen in the procurement of a wide range of systems from Apps through Cloud-based and On-premise solutions by purchasers from all types and sizes of organisations. Registration required.
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