Digitising your practice
Mastering mid-tier technology
- Hub page
- 29 Jun 2023
In our first post-pandemic research focused on mid-tier practice technology, we’ve seen some substantial changes in the landscape. Responses have given us cause to be optimistic, but also highlight challenges in the digital transformation journey. Addressing these challenges presents opportunities for firms, software providers and ICAEW.
Exclusive
How technology is changing accounting practices
- Article
- 06 May 2021
- IT Faculty
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".
Advisory is not just about the apps but they do help...
- Article
- 27 Jan 2021
- Andrew Coulson
In this article, Andrew Coulson FCA talks about how to select apps for advisory and how to use them to support delivering business advice.
Develop your digital practice
- Article
- 03 Jan 2024
- Matt Flanagan
How can accountants turn accounting apps to their advantage and use them to generate income? Matt Flanagan from BlueHub shares his tips.
Making Tax Digital
Technical round-up: May 2024
- 29 May 2024
- ICAEW Insights
This month’s top stories include a HMRC warning about VAT bank details fraud; an NAO report showing taxpayers have been let down by poor HMRC service; and HMRC rejecting the ‘brightline’ test for furnished holiday lets.
HMRC consults on a change to the reformed penalty system
- 21 May 2024
- ICAEW Insights
Draft regulations allow HMRC to assess the second penalty for late payment before the tax has been paid in full.
Taxpayers let down by poor HMRC service, says NAO
- 15 May 2024
- ICAEW Insights
The National Audit Office (NAO) has found that HMRC’s increased digital offering has not delivered the expected savings or improved services for taxpayers. The government has promised more funding for HMRC.
Seven software products now support MTD ITSA
- 07 May 2024
- ICAEW Insights
HMRC has added APARI and Digita Personal Tax to the list of software products compatible with making tax digital (MTD) for income tax self assessment (ITSA).
Agents can register to payroll client’s benefits-in-kind
- 02 May 2024
- ICAEW Insights
It is now possible for agents to register with HMRC for benefits-in-kind (BIK) to be taxed through their client's payroll for 2025/26 onwards.
How taxpayers can take “reasonable care”
- 02 May 2024
- ICAEW Insights
ICAEW’s Tax Faculty explains how taxpayers can take reasonable care when submitting a tax return, including when a second opinion may be needed.
ICAEW technical round-up: April
- 30 Apr 2024
- ICAEW Insights
This month’s top stories include community amateur sports clubs asked to check their status; MTD ITSA private beta testing relaunched; and tax administration and maintenance day summary.
HMRC launches fully digital service for voluntary NI contributions
- 30 Apr 2024
- ICAEW Insights
The government has launched a new service that allows individuals to identify gaps in their national insurance (NI) record and make voluntary contributions without phoning for a reference number.
Data analytics
Exclusive
Ethical use of big data in financial services – case studies
- Article
- 05 Mar 2019
- Financial Services Faculty
ICAEW’s Financial Services Faculty is looking at how firms and consumers can deal with the challenges presented by a big data world.
Data Analytics Transforming Internal Audit
- Report
- 17 Mar 2017
- Stephen Magora
A paper from Credit Suisse entitled: Data Analytics Transforming Internal Audit – Pillars of Success, written by Stephen Magora, Director, Data Analytics at Credit Suisse.
Internal audit in the age of data analytics
- Helpsheets and support
- 16 Jun 2017
- Audit and assurance Faculty
How internal auditors should strengthen their governance frameworks to cover emerging data-analytics risks in the areas of quality, talent, independence and security.
Data Analytics Certificate
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