Cloud adoption
Read our three guides to cloud adoption – what are the risks and how to choose a cloud platform?
Cloud computing
News, opinion pieces and case studies aimed at helping members gain a better understanding of cloud services.
Need to know
In this section
Features and articles
COVID reveals the benefits of cloud working
29 May: Businesses have been forced to adapt their ways of working almost overnight in light of the coronavirus lockdowns and those with cloud-based systems had a significant head start.
Data analytics software for business
The recent pace of technological changes and increasing volumes of data being dealt with, has created a need for finance professionals to be able to manipulate and analyse data to aid in-depth insights, improve financial reporting and ultimately facilitate better business decision making.
What do you want to see in a "global view" of your clients?
A practice management system becomes ever more important in the accounting practice, even more so with remote working. What defines a practice management system can differ substantially from one firm to another, and even accountants in the same practice will have differing opinions!
Teams, Zoom, Slack, OneDrive, Planner: Remote working apps for COVID 19 times
Meetings software, channel-based chat, cloud storage, planning tools: there is probably untapped potential in the software packages you already have. if not, many vendors are offering free access to their apps for up to three to six months during the pandemic.
Guidance
Engagement letters helpsheet part 2 R
Supplementary schedule to the main engagement letter helpsheet. Provides sample wordings to help you draft engagement letters. Covers Part 2 R XXX
Engagement letters helpsheet
Technical helpsheet providing sample wordings to help you draft engagement letters for a variety of typical engagements for both corporate and non-corporate clients. Includes full text and supplementary schedules.
How to audit the cloud
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.
How to audit the cloud
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.
Webinars and recordings
Tech essentials - cyber recovery
Gain practical advice on how to be aware of vulnerabilities and threats, securing your data and recovering from a data breach.
It never rains it pours - the challenges of auditing the cloud
The webinar will look at the challenges faced by internal auditors in auditing the cloud.
Digital accounting systems: an overview and roadmap for adoption
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.
Adopting the cloud: considerations for your business
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.
Transforming modelling and visualising data using Power BI
Discover how you can take advantage of your familiarity with Excel whilst overcoming its limitations of working with data, by extending with Power BI.
Benefit vs Risk; Cloud Computing
This webinar provided practical guidance on moving to online accounting.
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.
Industry press
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
Predictions 2020: What's going to happen in cloud computing
Article looks at developments in cloud computing for 2020 as predicted by experts in the field.
Public cloud computing gains currency in its journey to the core of banking
The article discusses that banks are no longer reluctant to make use of cloud as the technology pierces the outer layer of the banking sector. It mentions the emergence of these tech-led challengers, many of which exist only in the cloud, means consumers have more choice and have become more demanding; and also mentions the cloud enabled these challengers to transition rapidly from idea to regulated finance provider.
Delivering cloud in the financial services sector
The article reports that the financial services community has become one of cloud’s keenest users, as regulator attitudes to the technology relax to find how its appetite for digital transformation is perceived. It mentions that the financial data is very valuable and sensitive to move off-premise and entrust to the public cloud. It further reports that the number of financial services organisations had small pockets of cloud use emerging at the time.
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Useful links
Cloud Computing
Overviews and beginners guides to cloud computing from Tech Donut.
CloudwatchHUB
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.
Guidance for firms outsourcing to the ‘cloud’ and other third party IT services
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.
BSA global cloud computing scorecard
The BSA/The Software Alliance scorecard examines the legal and regulatory framework of 24 countries around the world, to rank countries’ preparedness for the adoption and growth of cloud computing services.
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