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Practice Tips

Practical advice, guidance and case studies written for faculty members working in practice. Aimed at helping you benefit from the capabilities and navigate the risks arising from new technology

Ethics and technology - latest thinking from IESBA

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As accountants increasingly innovate with data, AI and other technologies, is the profession’s ethics code fit for purpose in this new world?

A Tesla experience in the world of accounting

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Anyone that has a Tesla, or has been in a Tesla will be aware that many of the car’s functions are controlled by touching and pressing on the iPad-like touch screen; wipers, lights, air conditioning, opening the boot etc.

Where is your to-do list? Can others see it too?

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In previous articles, the creation and use of spreadsheets to record and monitor data that was available elsewhere in other systems was highlighted. In a similar vein, the use of diaries and calendars for similar purposes has also come to light!

Cloud suppliers and their carbon footprint

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As companies are increasingly looking to reduce their carbon footprint, they need to consider the impact of cloud computing on this.

Dealing with digital invoices

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As we go ever more digital, clients are increasingly receiving their purchase invoices digitally. However, many businesses do not process them, or process them incorrectly.

AI in accountancy where is it being used

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As more and more accountants look to make use of new capabilities in artificial intelligence (AI), it’s helpful to share experience of how people have used it to date.

Data analytics software for business

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The recent pace of technological changes and increasing volumes of data being dealt with, has created a need for finance professionals to be able to manipulate and analyse data to aid in-depth insights, improve financial reporting and ultimately facilitate better business decision making.

What do you want to see in a "global view" of your clients?

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A practice management system becomes ever more important in the accounting practice, even more so with remote working. What defines a practice management system can differ substantially from one firm to another, and even accountants in the same practice will have differing opinions!

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