The General Data Protection Regulation (GDPR) came into force on 25 May 2018. It applies to everyone trading within the EEA (including UK individuals and organisations).
Despite the step change in the technical environment and the massive increase in personal data that is being created every day, the regulations have not moved on since the 1998 Data Protection Act. The main advice from the information commissioner was to prepare now for the changes that are coming under the new GDPR.
This guide is designed to help alleviate some of the fears that lie behind the inertia on data analytics. There is information about how to get started using the resources you already have or to find out about others, and case studies to show how using data analytics has helped some practices already.
Find out why Brexit could impact data protection and how you can prepare.
Data analytics and big data
Technology is at the heart of all organisations today. The pace of change is growing ever faster. In the coming years, the finance profession will be profoundly altered by new and evolving technologies.
Mike Whitten explains the challenges that come with attempting to gain useful insights from business data, including the limitations of using artificial intelligence.
Dominic Lindley looks at lessons learned in price regulation in financial services
Our principles can help board members, management, and those working in and with banks, insurers and investment management identify, prevent and deal with ethical tensions related to big data.
Excel guru Simon Hurst details the versatility of the Slicer feature, which was introduced in 2010, explaining why it is at the heart of Excel dashboard creation.
There are many situations where you might want to calculate a cumulative total in an Excel spreadsheet, from a straightforward running total for a list of bank transactions to cumulative values for use with an Excel chart that is animated over time.
Recently someone sent me a small spreadsheet that included a column of formatted numbers. Unfortunately, the numbers weren't numeric values that had been formatted as numbers but had been entered (or more probably pasted from elsewhere) as formatted text, complete with commas and pound signs.
Data protection and GDPR
It has been one year since the implementation of the General Data Protection Regulation. While the initial panic is over, Jane Berney explains what has happened since 25 May 2018
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.
A roundup of the latest news surrounding technology. This edition includes concerns around Huawei’s threat to national security, the latest standard for USBs, and the latest Samsung phone’s problems unfolding.
Nearly a year on from its introduction, are you GDPR compliant? Legal expert Karen Holden reports.
Simon Hurst continues his guide to data display with some tips on how to keep up to date with changes and enhancements to customise your content.
Power BI Desktop offers new ways to visualise and present data. In part one of his guide, Simon Hurst uses Facebook posts to demonstrate some of its capabilities.
Although it's generally a good idea to keep reports as simple and clear as possible, the sparing use of unusual graphics can sometimes add to impact.
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.