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Digital transformation

ICAEW has brought together these resources to help you understand how digital technologies are transforming economies and workplaces. Learn what it means for businesses and accountancy practices.

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Digital technologies and the future of accountancy work

As digital technologies transform business models, industry sectors and the workplace, the financial sector has become increasingly affected. Oxford University's Carl Benedikt Frey outlined the challenges posed by these technologies in his webinar: "The future of work and the accounting profession".

How technology is changing accounting practices

Advances in technology have led to a reduced demand for traditional accountancy services and created new opportunities and challenges. ICAEW's Tech Faculty outlined how digital technologies, are changing accountancy practices and their work in its report "Providing leadership in a digital world".

Digital transformation – the next steps

Businesses cannot avoid dealing with digital change and may be forced to act quickly when faced with disruptive technology. Our guide gives SMEs a framework to deal with change to their systems and processes. It shows how to make change happen and gives some case studies showing how businesses have adopted emerging technologies.

How to support your business to embrace digital

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.

Finance in a digital world

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.

Further support

Useful links

Crunch time: finance in a digital world

Based on extensive research with finance executives of global businesses, this Deloitte report examines the impact that digital disruption is having on finance functions, examines seven technologies in detail and urges finance professionals to prepare for the future.

The top 5 trends for digital transformation in 2018

There’s only one constant in business – and that’s that things change. Businesses have had to adjust to new ways of doing things, most of them related to the digital transformation that business, and the world, has experienced in recent years.

PwC's Finance Effectiveness Benchmark Report 2017

PwC's seventh finance effectiveness benchmark study (2017) explores what sets top performing finance functions apart. Benchmark data from over 600 projects and interviews with 10 finance and business leaders have been compiled to draw out best practice across the industry.