Understand the digital revolution and what it means for finance functions and for you in this e-learning module created for ICAEW members. It covers the influence on our personal, professional and social lives, before exploring the impact on finance functions, the opportunities and the challenges.
For some time now, there has been a steady stream of reports and publications which discuss the impact of changes in technology on skills required in the workplace and identify a “digital skills gap” in some form.
Disruptive technologies are creating opportunities for accountants to use their skills in faster and more efficient ways. Tim Leung, Management Consultant at Deloitte, outlines the key technologies which the big four firm believes are transforming finance in his webinar: "Visualising finance transformation in a digital world".
The explosion in accessibility of data has led to rapid advances in digital technologies that are transforming businesses, economies and societies. Adviser and Technology Expert, Bernard Marr outlined how this fourth industrial revolution offers huge opportunities for accountants in his webinar Digital tranformation: mega trends in accountancy.
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".
No crystal ball exists to predict exactly what digital transformation will mean for individual finance teams, but as part of the ICAEW eLearning module examining the new digital era, Deloitte makes seven predictions on how finance functions might change in future.
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".
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.
Complete the FDW eLearning course
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.
More from ICAEW
How technological advances and digital transformation are impacting the profession.
As data analytics plays an increasingly pivotal role in supporting audit, assurance and business decision-making, this ICAEW community will help finance professionals develop the advanced data analytics and visualisation skills needed to succeed in this insight-driven era.
£68 for ICAEW members £81.60 for non-members