Technology has enabled automation of many elements of accountancy and this provides an opportunity for chartered accountants to utilise their professional skills but also the need to add to them.
The digitisation of logistics services, accelerated by the COVID-19 pandemic, has helped to facilitate the smooth operation of supply chains. But where can accountants add value?
Malaysia is a fast-growing economy, and digital is a big driver of growth. What needs to happen for it to really take off?
Over the next decade or so, the way that we work could become increasingly virtual. Pioneering companies are already moving in this direction.
Finance transformation will be one of the most in-demand skills over the next 10 years, says career coach for financial professionals, Oliver Deacon.
Richard Anning looks at what skills need to be future-proofed for careers and firms, using statistics from the most recent Mid-Market Tech Forum.
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.
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This book delivers a powerful analysis of the new technological forces buffeting the accounting profession. Using case studies and practical examples, the author demonstrates how big data, blockchain, robotic process automation and artificial intelligence can help accountants adapt to new realities.
This book will help accountants and financial managers better understand big data and analytics, including its history and current trends. It dives into the platforms and operating tools that will help you measure program impacts and ROI, visualize data and business processes, and uncover the relationship between key performance indicators.
An artificial intelligence revolution is sweeping through the world. Auditors and forensic accountants in firms of all sizes and types are trying to understand what it means for them. Many want to explore how to build plans for total intelligent automation to move their companies forward into the new AI economy.
This book takes a thoughtful look at how the digital finance industry is evolving. It explains how to integrate digital finance concepts into existing traditional finance platforms and explores what successful companies are doing to maximize their opportunities in this context.
A guide to the financial technology revolution for entrepreneurs, bankers and investors with information required to capitalise on this market.
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Article discusses the convergence of innovative technologies and increased client and staff expectations which is spurring notable changes within the audit profession. The Artificial Intelligence (AI) scans each document, identifies its relationship to the client engagement, and accurately files it, allowing your staff the time to focus on the more complex aspects of the audit and the client relationship
Article discuses how millions of workers may need to be reskilled in the face of ever quickening technological advances and that although companies have a crucial role in addressing this challenge, many have yet to take it seriously. Leaders at 40 organisations that re investing in large scale reskilling projects are interviewed.
The article introduces ChatGPT, an advanced language model developed by OpenAI, and discusses its potential impact on forensic accounting. It explores how ChatGPT, along with artificial intelligence (AI), can enhance the efficiency and accuracy of tasks in accounting, auditing, tax, and forensic accounting.
The article discusses the need for finance leaders to recognize the importance of data analytics to become effective in their roles. The need to ensure that employees work in a culture that sustains collaboration and exchange of ideas and information by leaders is noted. It discusses ways in which management accountants can demonstrate leadership such as competence in financial planning and imparting technical accounting knowledge.
The article discusses the technical and digital skills that finance professionals should learn and gain expertise to gain considerable advantage in their profession, including process modeling, data governance, and software use and development.
In today’s digital environment, where more tools are becoming necessary for analysing large and unstructured data sets, Python is emerging as a helpful resource for accountants. Discusses Python's relevance to accountants in areas such as audit and business planning and forecasting, as well as in accounting roles where automation may be useful.
Terms of use: You are permitted to access articles subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Article explaining how the changing audit environment, as influenced by technology, is shaping the audit profession and identifies which skills are needed for auditors to be future proof.
Research paper exploring the challenges senior finance professionals have faced in attempting to equip their teams to meet new demands and the most successful strategies for obtaining or developing the skills required.
Article giving advice on how financial services firms can improve their teams skills during uncertain times.
The CIPD has jointly produced practical guidance to support effective hybrid working as part of its involvement in the Flexible Working Taskforce
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