Your Tech Faculty is changing
The Tech Faculty is changing. 2021 was the last year that we we collected subs and provided an additional, paid-for service for members. From 2022, all tech content will become available to all ICAEW members.
Keep up-to-date with tech issues and developments, including artificial intelligence (AI), blockchain, big data, and cyber security.
With hybrid working now a reality for millions of UK employees, how can you be sure that even if you’re far from sight, you’re not far from mind when it comes to career opportunities?
Kirstin Gillon explores how to balance productivity and privacy with employee monitoring in the new hybrid workplace.
The pandemic has ushered in a new model of working, with many businesses considering adopting more flexibility in the longer term. That’s certainly the case for the Oil and Gas Authority, which is set to adopt a hybrid working method for its post-pandemic way of working.
ICAEW Insights explores where the chartered accountant of the future might work, with recent trends including local co-working spaces and building communal office space into new housing developments.
COVID-19 has accelerated digital adoption across all business sectors. The finance function needs to embrace tech and develop new skills to keep up.
Machine learning is gaining traction for routine tasks in finance, but requires oversight for more nuanced work.
A partnership with software company Blue J will give KPMG a competitive edge by using artificial intelligence to free up more employee time to dedicate to complicated tax issues.
Technological innovations are driving the most profound change in finance functions in modern history, revolutionising every aspect of the traditional finance division.
Businesses are coming to rely on artificial intelligence (AI) to inform critical decision-making. Increasingly, AI is finding its place throughout organizations, from customer retention to marketing and finance. Assurance and audit are no exception to the benefits of artificial intelligence. As the value of next gen technologies become more transparent, firms will look to help bolster their staff with modern tools for more efficient and timely engagement.
This guide from the ICAEW sets out the key features of blockchain, and the challenges it must face to reach widespread adoption. It includes case studies of real-life applications, as well as examining its impact on accountancy.
Blockchain technologies have the potential to disrupt the work of finance teams – particularly those focused on transactional tasks – by offering a system of universal entry bookkeeping, removing the need for independent verification. Here ICAEW’s Tech Faculty and Deloitte outline the basics of this complex and developing technology.
In this ICAEW Insights podcast we’re joined by the Small Business Minister to discuss recovery, productivity and sustainability, examine the newly formed ISSB, and assess HMRC’s CGT nudge for cryptoasset owners.
HMRC has sent letters encouraging holders of cryptoassets, such as Bitcoin, to consider their capital gains tax position, but stops short of sending them to non-UK domiciled individuals.
As politicians and businesses take a public stance against Russia, members should be prepared for some kind of retribution from its cyber agents.
Sir David Green CB QC, the new chair of the Fraud Advisory Panel, on why weaknesses in counter-fraud systems and enforcement are making London an attractive place for fraudsters
Examining the key issues for IFRS reporters in the 2021/22 reporting season.
In February, the Charities Bill received Royal Assent and passed into law as the Charities Act 2022. The recommendations from the Law Commission formed the basis for the provisions of the new legislation and the Act is designed to give trustees more flexibility to manage charities effectively. They will not have a big impact on charities’ daily operations but simplify certain areas of regulation.
The war in Ukraine is deeply distressing and makes many of us feel helpless. Millions of people will be displaced because of the crisis and charities are playing an important role to get help to the people who need it.
While most charity boards are aiming to incorporate more service user perspectives in their governance structures, many charitable membership societies are relying on member perspectives alone. In this opinion piece, Baden-Fuller, Lawrey and Palmer explain why having independent trustees is a key element of good governance and adds depth to the skillset of the boards governing charitable professional membership societies.
Following the 2021 recruitment round, which saw Martin Thomas appointed as Charity Commission Chair in December only to resign days later, the charity sector is concerned about the political independence of the new preferred candidate.
It’s a hot topic in finance right now. Rob Binns, CFO at Access Group, discusses why accountants should embrace, not fear, the acceleration of digital transformation.
Finance transformation will be one of the most in-demand skills over the next 10 years, says career coach for financial professionals, Oliver Deacon.
The pandemic has ushered in a new model of working, with many businesses considering adopting more flexibility in the longer term. That’s certainly the case for the Oil and Gas Authority, which is set to adopt a hybrid working method for its post-pandemic way of working.
Hello all and welcome back to the Excel Tip of the Week! This week we have a Developer level post in which we are taking a look at how to create your own custom functions in Power Query.
I have been working on a project recently for which I wanted to include a set of refreshable Excel Tables in a control worksheet to highlight exceptions in the underlying data. Generally, the best way to avoid Tables clashing with each other as they expand and contract is to keep them on their own, separate, worksheets. In this case, I wanted to create a single workbook that would highlight potential errors at a glance, and the Tables concerned were only likely to generate a few rows each. The following examples demonstrate some of the considerations involved.
Hello all and welcome back to the Excel Tip of the Week! This week we have a Creator level post in which we’re taking a timely second look at the biggest change to Excel formulas in recent years, the nifty dynamic array formulas.
Hello all and welcome back to the Excel Tip of the Week! This week we are taking a deep dive into a very annoyingly necessary data cleaning task – removing excess spaces.
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.
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 it to start implementing the technology.
ICAEW has brought together these resources to help you understand Robotic Process Automation (RPA), what it means for your organisation and how it to start implementing the technology.
Digital technologies are set to have a revolutionary impact on the work of accountants, both in business and in practice. ICAEW has gathered together these resources to ensure its members understand how finance functions will change, the skills that will be needed and the role you will play.
The adoption of the cloud by banks is hard to regulate given the rapidly growing supply of services by third parties. But financial regulators are increasingly turning their sights on the megatrend.
Increased use of cloud-based digital solutions is proving hugely beneficial to firms in running their own businesses as well as their client’s.
Kirstin Gillon summarises the key points from the Tech Faculty’s recent webinar on creating a data solution that works for your business.
Lesley Meall examines the questions that remain about the technology required to support post-pandemic hybrid working – and whether accountants can adapt to the changes.
Drawing on real-life experiences, this collaborative thought leadership report by ICAEW and the Institute of Chartered Accountants of India (ICAI) considers how finance functions can harness automation to deliver greater value to business and the skills needed by accountants in the future.
As accountants increasingly innovate with data, AI and other technologies, is the profession’s ethics code fit for purpose in this new world?
Many businesses have had to adapt quickly in the last three months to deal with the impact of Covid-19 and lockdown, by making sure they are able to run their businesses remotely and mainly digitally by using and implementing the right kind of software.
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.
Based on the materials created by ICAEW’s Tech Faculty, these resources became available to the wider ICAEW membership in January 2022.
Keeping you up-to-date with changes in technology, containing useful tips and advice.
View the latest community announcements and articles from Tech News and the Excel Community.
The latest news on technology and data as published in ICAEW's Insights section.
An archive of recordings of Tech Faculty webinars.
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
Providing updates on the latest technology issues affecting the accountancy profession. They aim to bring practical tips and expert insights on a range of topics, setting you up for any action you'll need to take.
Technology is at the heart of all organisations today. The pace of change is growing ever faster. In the coming years, the finance profession will be profoundly altered by new and evolving technologies.
Stay up-to-date with the fast moving technology world by attending our webinars and events.