ICAEW has brought together these resources to help you understand artificial intelligence and what it means for finance functions. Here you'll find support on identifying how AI can benefit your organisation and how to start implementing the technology.
Start your eLearningThe Tech Faculty Lecture, this year examines the advantages, opportunities and challenges bought the advancement of artificial intelligence.
The benefits of implementing cognitive technologies go beyond automation of low-value activities and cost cutting, these software programmes can help finance functions to identify hidden risks and new opportunities.
ICAEW and Deloitte believe that there are three technologies using artificial intelligence and cognitive computing that are of most relevance to finance functions: cognitive language, machine learning and computer vision. Find out how these technologies work and what they can do.
Read real-life examples of how finance functions are using artificial intelligence and cognitive technologies, to improve efficiency and solve problems such as matching payments to invoices, answering supplier queries and preventing payment disputes.
Shamus Rae, Partner and Head of Digital Disruption at KPMG UK, in this webinar outlines how Artificial Intelligence is increasingly becoming a key component of automation in finance.
Join Artificial Intelligence expert Professor Moshe Vardi on 30 June for this live-streamed event to discuss the growth of AI and its impact on the accounting profession.
Cognitive and automation technologies such as artificial intelligence (AI) have drawn a great deal of interest, but also concern about the potential for bias and misuse. ICAEW’s Tech Faculty examines the risks associated with the adoption of emerging technology and how these risks can be tackled through internal controls and assurance.
To help finance teams considering artificial intelligence or cognitive computing technologies, ICAEW and Deloitte have identified the common barriers to success that must be overcome. These include: access to data, availability of skills and the integration of systems.
There is a lot of hype about AI at the moment, but to what extent are accountants really making use of AI?
Artificial intelligence and cognitive computing technologies present some exciting opportunities for finance, but they can also be a daunting prospect. ICAEW and Deloitte have come up with five simple steps to help get you started.
This webinar looks at the concept of a virtual FD and the developments in software and communications and other technologies that enable accountants and business to operate in this way.
Preparing yourself and your organisation for the impact of disruptive digital technologies might feel like a daunting task, but this eLearning module introduces you to a three step approach that is designed to help businesses embrace this change within finance.
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 eLearning content.
In this article, we explore how you can use Microsoft Power BI to streamline the process of creating audited accounts at a low cost.
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.
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.
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?
We take a look at the latest stories in the world of cyber security, including woes for police services, a major attack affecting independent retailers, advice on LLMs, and the murky world of ‘Shadow IT’.
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.
Many predictions about AI taking our jobs have not yet materialised, but the threat of AI-driven fraud is a much more worrying development.
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.
Discover more about the impact of artificial intelligence and the opportunities it presents for the accountancy profession.
How technological advances and digital transformation are impacting the profession.
A LexisNexis July 2023 report into the views of UK legal professionals on using artificial intelligence (AI) tools within their firms. The report's findings included that clients want their law firms to adopt AI tools sooner than the latter think. Requires free registration to access.
Deloitte's fifth edition of the survey of executives to their sentiments and practices regarding AI technologies.
See also: 4th edition; 3rd edition; 2nd edition.
Policy paper from the Department for Digital, Culture, Media & Sport, Department for Business, Energy & Industrial Strategy, and Office for Artificial Intelligence on the UK's emerging approach to AI regulation.
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