Make sure you understand how digital technologies are going to impact your role and the finance function. Complete this e-learning module from ICAEW and Deloitte to learn from real-life experiences of your peers.
The work of finance falls into four areas covering compliance and risk management, as well as strategic and advisory roles. Digital technologies are impacting the balance of these roles and particularly for finance leaders. In his webinar, Visualising finance transformation in a digital world, Deloitte's Tim Leung offered insights into how CFOs are adapting.
In the era of big data, digital technologies, such as robotic process automation, artificial intelligence and predictive analytics, mean the finance function can increasingly add business value through greater accuracy, efficiency and strategic insight. To grasp these opportunities, teams need the right mix of digital skill sets and business intelligence.
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".
As compliance services become increasingly automated, the ability to deliver well-rounded business advice to clients will become a key skill for accountants. Paul Richmond, Managing Director of the Grogroup, and Matt Flanagan, Managing Director of Bluehub, provide insights on how to become a great adviser in the digital era.
New technologies can enhance audit quality by analysing greater quantities of data and digging deeper to provide more robust insights. KPMG's Nick Frost explores five ways in which the latest technologies can enhance the audit process in a webinar for ICAEW's virtual conference on digital disruption.
Accountants can become essential partners within their business providing commercial expertise to inform strategic decision making. Tim Orme, from London Business School, outlines the seven steps you can take towards becoming an invaluable source of business insight in his webinar: "Strategic business partnering in a digital age".
With current levels of uncertainty and disruption the traditional approaches to leading change will no longer deliver results. Learn about the four steps accountants can take to lead digital transformation.
As digital technologies transform the role of finance, accountants and finance leaders need to become effective business partners. ICAEW offers a range of training courses that will help you to develop the skills necessary to influence businesses and deliver strategy in a changing environment.
Practical advice for those considering business partnering initiatives and those looking to improve their approach.
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
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.
Business finance partnering skills
Learn the key skills at the heart of being an effective finance business partner by completing this eLearning resource from ICAEW's Academy of Professional Development. The module outlines: what finance business partnering means; how finance partners generate influence; and how to start building your influence with ICAEW's top 10 tips.
Get to grips with fundamentals of data planning with this eLearning resource from ICAEW's Academy of Professional Development. Learn how to: better plan and more efficiently analyse your data, as well as apply the three principles of good spreadsheet design to your work
This eLearning resource from ICAEW's Academy of Professional Development outlines the difference between data, information and insight, explains why it is important to deal in insight and demonstrates how to translate data into insights using a simple process.
Watch this video from KPMG which demonstrates how it imagines dynamic audit technology might help organisations to identify how a fraud has been committed in 2023. The technology is already being used to help KPMG's clients make informed decisions.
theGrogroup Director Alex Shacklock offers advice on how to become a trusted adviser and the importance of offering an opinion based on commercial experience of working with many clients, as well as technical experience.
In this 2017 report, PwC outlines research into the what makes an effective business partner. It includes findings on: how much time is spent on business partnering activities in comparison to scorekeeping activities; the influence of market growth and competition; and constraints and enablers.
In this report, Oxford Martin School academics Dr. Carl Benedikt Frey and Associate Professor Michael Osborne explore the changing nature of innovation and work, and the associated implications for the future of employment and society more widely.