Displaying 1-50 of 265 results
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
UK government launches plan to ramp up AI growth
- 14 Jan 2025
- ICAEW Insights
With its AI Opportunities Action Plan, the government intends to boost economic growth with enhanced AI adoption.
Exclusive
GenAI: What is it really?
- 13 Jan 2025
- Monica Odysseos
In this article Monica Odysseos, Head of AI and Data Lab at Grant Thornton Cyprus, returns to take a closer look at generative AI, exploring what it is, how it works, where it is applied, how to use it, its challenges and potential in our rapidly evolving world.
Charity finance 2030 – transforming your finance function with digital tools
- 10 Jan 2025
- Kristina Kopic
- Charity Community Newsletter
Modern finance systems are already transforming the work of charity accountants and solving time-consuming internal challenges for charities. The increased integration of artificial intelligence (AI) provides an exciting outlook for finance professionals who want to focus on value-adding activities.
Data Analytics Community – 2024 in review
- 10 Jan 2025
- Ian Pay
As the ICAEW’s Data Analytics Community continues to go from strength to strength, Ian Pay, Head of Data Analytics and Tech, shares some of his favourite content and activities from the year, and gives some clues as to what’s coming in 2025…
ESG is a Data Challenge
- 10 Jan 2025
- Eden Smith
In this article, Eden Smith explore why ESG is a data challenge and why accountants, equipped with their analytical rigor and integrity, are uniquely positioned to bridge the gap between ESG aspirations and data reality.
INSIGHTS VIEWPOINT
MEMBER INSIGHTS
2025: a pivotal year for growth, skills and trust
- 06 Jan 2025
- ICAEW Insights
The world leaves 2024 in a very different political and economical state than it started in. Accountants have a critical role to play in navigating this landscape, but they must embrace change, says ICAEW CEO Alan Vallance.
Exclusive
Artificial Intelligence and radical uncertainty
- 02 Jan 2025
- Annabel Gillard, International Advisory Council Member of the Institute of Business Ethics and Steven Brown, Brave Within LLP
Most human beings are fundamentally anxious about uncertainty. The adoption of AI has created significant uncertainty – to the extent many refer to it as the 4th industrial revolution.
Get ready: ICAEW Code of Ethics to change in 2025
- 18 Dec 2024
- ICAEW Insights
ICAEW’s code is being updated to align with the Code of Ethics produced by the International Ethics Standards Board for Accountants.
INSIGHTS VIEWPOINT
CYBER ROUND-UP
Cyber 2024 wrap-up: tech’s double-edged sword
- 18 Dec 2024
- ICAEW Insights
This year continues to remind us that while technology can make us more efficient, productive and agile, it also opens us up to manipulation and exploitation.
INSIGHTS VIEWPOINT
Leading data-led decision making in local government
- 05 Dec 2024
- ICAEW Insights
Finance professionals are pivotal in ensuring local authority decisions on service delivery are grounded in robust data analysis. CIPFA’s Iain Murray outlines the role of finance teams in ensuring data-led decision-making and the skills required for success.
What to expect from 2025
- 04 Dec 2024
- ICAEW Insights
We share predictions for the key trends and events that will shape life in the accountancy profession.
The ABCD+ of technology: data
- 04 Dec 2024
- ICAEW Insights
In the fifth of our series on the biggest tech trends, ICAEW’s Head of Tech Ian Pay gives us the lowdown on data.
Free CPD: Get to grips with AI
- 28 Nov 2024
- ICAEW Insights
What is (and isn’t) artificial intelligence (AI)? What are the different types of AI and what benefits can they deliver in finance? These CPD-verifiable practical resources will help you expand your AI knowledge as well as providing the latest thinking.
INSIGHTS VIEWPOINT
CYBER ROUND-UP
November cyber round-up
- 28 Nov 2024
- ICAEW Insights
This month we look at criminals’ latest techniques, the 10th birthday of Cyber Essentials, fraud risk in the utilities sector, and how an artificial intelligence grandmother has joined the fight against cybercrime.
Free CPD: sustainability reporting resources
- 26 Nov 2024
- ICAEW Insights
Do you want a high-level understanding of sustainability reporting requirements but don’t know where to start? This article explains how you can find verifiable CPD resources to bring you up to speed.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
The most desired skills for AI-assisted accountants
- 20 Nov 2024
- ICAEW Insights
Speaking to recruiters and partners, we break down the types of skills that firms are trying to develop and attract, including an understanding of AI implementation and its limitations.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
How to make AI work for risk and compliance
- 20 Nov 2024
- ICAEW Insights
Accounting intelligence case study: risk-management company Cential has developed several use cases for AI in the governance, risk and compliance space, with controls to ensure privacy and accuracy.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Masterclass 4: Understanding differences in reporting standards
- 20 Nov 2024
- ICAEW Insights
Jenny Blewett FCA, Head of Finance at Costello Medical shows how she has used generative AI to help her transition from reporting under IFRS to UK GAAP.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Types of AI: when humans need to step in
- 19 Nov 2024
- ICAEW Insights
Accounting intelligence: to harness the opportunities offered by artificial intelligence, does there always need to be a human in the loop?
The new Code of Ethics: understanding professional behaviour
- 19 Nov 2024
- ICAEW Insights
As part of the updated Code of Ethics for 2025, the provision for professional behaviour has been reworded to reflect the modern world.
INSIGHTS VIEWPOINT
ECONOMIC UPDATE
Deals and investment in the age of AI
- 14 Nov 2024
- ICAEW Insights
Delivering the keynote speech at yesterday’s ICAEW Corporate Finance Faculty Annual Reception, Lord Clement-Jones highlighted the ethical considerations of AI, as Pearson scooped the prestigious Corporate Development Award.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Types of AI: how are they classified?
- 13 Nov 2024
- ICAEW Insights
In his second article, BDO’s Paul Ekwere explains how types of AI differ, providing a deeper introductory understanding of AI categorisations and how they can be used in the profession.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
BDO’s Ethics Watermark tackles AI’s new frontier
- 13 Nov 2024
- ICAEW Insights
BDO senior leaders reveal to ICAEW members how the firm’s ‘ethics by design’ framework is meeting the artificial intelligence challenge.
Free CPD: generative AI
- 13 Nov 2024
- ICAEW Insights
Generative AI is transforming many industries, including accountancy, but are you keeping up? These free CPD-verifiable articles will introduce you to the basics of generative AI, ways it can support you in your role and the pitfalls to watch out for.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Partnering effectively with AI, part 2: evaluation in use
- 13 Nov 2024
- ICAEW Insights
Reviewing the outputs of your chosen AI tool on a rolling basis will form the foundation of effective partnering – and help you to fine-tune the software’s performance.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
AI skills gap is a ticking time bomb
- 13 Nov 2024
- ICAEW Insights
Estimates predict that with the adoption of AI technology, 40% of the workforce will need to re-skill in the next three years. So what’s the risk of losing your competitive edge if you fail to upskill your staff?
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Masterclass 3: Making audit sampling more efficient and effective
- 13 Nov 2024
- ICAEW Insights
Konrad Bukowski-Kruszyna ACA, Head of Audit Data Analytics, RSM UK outlines how generative AI can help members in practice ensure that audit sampling is being handled correctly.
INSIGHTS VIEWPOINT
Government tests AI chatbot for tax and other questions
- 12 Nov 2024
- ICAEW Insights
Following an initial phase of testing, up to 15,000 people will now be able to ask the government’s generative artificial intelligence (AI) chatbot for help and information on business rules and support, including tax, as part of the current testing phase.
INSIGHTS VIEWPOINT
ECONOMIC UPDATE
ICAEW launches Financial Due Diligence guideline
- 12 Nov 2024
- ICAEW Insights
Although the use of technology has revolutionised the financial due diligence process, it also brings with it certain important risks and issues that members and firms working in the deal space need to manage very carefully, best practice guideline warns.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
AI and ethics: could finance become too reliant on AI?
- 06 Nov 2024
- ICAEW Insights
As AI is more widely adopted, researchers are concerned that finance teams might farm out too many tasks to the technology at the expense of professional judgement and scepticism.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Understanding AI: what is – and isn’t – artificial intelligence?
- 05 Nov 2024
- ICAEW Insights
An in-depth awareness of AI is no longer the preserve of data science professionals or technology enthusiasts. In the first of two articles, BDO’s Paul Ekwere explains what AI actually is – and what it isn’t.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Masterclass 6: Reviewing control processes
- 31 Oct 2024
- ICAEW Insights
Jenny Blewett FCA, Head of Finance at Costello Medical talks about how she used generative AI to help check her firm’s banking controls when she was new in post.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
AI: It’s only as good as the data you feed it
- 30 Oct 2024
- ICAEW Insights
Without a well-managed body of subject-specific data at its core, an AI tool in your firm will not be able to help your clients properly, an insolvency practitioner explains.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Masterclass 5: Moving from Excel to Power BI formulas
- 30 Oct 2024
- ICAEW Insights
Jenny Blewett FCA, Head of Finance at Costello Medical explains how she used generative AI to help her move data from Excel to Power BI to give senior management a very different view of debt risk.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Masterclass 2: Setting better performance objectives
- 30 Oct 2024
- ICAEW Insights
Jenny Blewett FCA, Head of Finance at Costello Medical talks about how she uses generative AI to help her set performance objectives for her and her team.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Masterclass 1: Improving audit documentation
- 30 Oct 2024
- ICAEW Insights
Konrad Bukowski-Kruszyna ACA, Head of Audit Data Analytics, RSM UK explains how generative AI can be used for practice members to better understand and document a client’s sales process.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
AI is here to stay – the profession must embrace it, responsibly
- 29 Oct 2024
- ICAEW Insights
ICAEW has produced a host of new resources for members looking to learn more about how to use AI. Iain Wright, ICAEW Managing Director, Reputation and Influence, explains why the time is right to take that step.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
AI use cases: eight ways AI can help
- 29 Oct 2024
- ICAEW Insights
AI can be used for a variety of tasks to assist accountants in business and practice. Here are eight ways in which AI can help increase productivity and efficiency in finance and accounting teams.
Exclusive
AI & Analytics Live – recap
- 25 Oct 2024
- Rishi Sapra and Franki Hackett
Last year the ICAEW hosted their first in-person event focused on analytics some fascinating talks centred around people-driven decision making. This year the event returned with an even bigger audience – a 200-ticket sellout!
Exclusive
Excel’s real-life superpowers
- 24 Oct 2024
- Simon Hurst
Useful as some features are when used in a spreadsheet, they could be even more empowering if available in real-life. In this article we consider some examples and explore the use of AI in illustrating the possibilities.
Exclusive
Clicks and mortar: construction pivots towards AI
- 24 Oct 2024
- Matthew Clark
A recent article from RSM highlighted examples of how Generative Artificial Intelligence (Gen AI) may be implemented in the construction sector, with a particular focus on how its use in the design and planning stages could help to improve margins. For examples of AI and technology already in use today, we can point to many examples.
INSIGHTS VIEWPOINT
Cyber: Assessing human cyber risk in your organisation
- 23 Oct 2024
- ICAEW Insights
Cyber Security Awareness Month: Multiple surveys show that people are the weakest link in cyber defences. Karen Morrall ACA explains how businesses should manage and mitigate the human factor.
AI adoption challenges: an ethical dilemma for auditors
- 16 Oct 2024
- ICAEW Insights
Artificial intelligence offers a lot of opportunities for audit firms and practitioners, but implementing AI solutions into audit functions comes with some complicated considerations.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Partnering effectively with AI, part 1: choosing a solution
- 16 Oct 2024
- ICAEW Insights
Before you can think about partnering with an AI tool, you will need to have a clear understanding of which use case(s) you want it to answer.
Harnessing AI’s potential: a guide for finance professionals
- 15 Oct 2024
- ICAEW Insights
Artificial intelligence opens a world of seemingly endless possibilities, boosting efficiency and quality across business operations. But how can finance professionals identify effective and ethical ways to implement relevant AI solutions?
Ethics: AI in audit – transparency and third-party relationships
- 15 Oct 2024
- ICAEW Insights
Organisations embracing AI must collaborate effectively with AI suppliers while ensuring transparency for customers. ICAEW’s Trust and Ethics team explores strategies to maintain openness and trust across this complex ecosystem.
Ethics: understanding the risks of AI
- 15 Oct 2024
- ICAEW Insights
Global Ethics Day: Susan Smith, Group Ethics Chair at CCAB, talks about the areas of risk that may crop up as accountants adopt more AI technologies.
Ethics: How to ensure effective governance on AI projects
- 15 Oct 2024
- ICAEW Insights
ICAEW’s Trust and Ethics team share lessons learned from practitioners, academics and standard-setters on implementing robust governance strategies for artificial intelligence tools.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
AI risks in insurance – the spectre of the uninsurable
- 07 Oct 2024
- ICAEW Insights
Polly Tsang discusses some of the ethical issues of deploying AI in the insurance industry that emerged from a recent ICAEW round table around the ethical considerations of AI use cases in financial services.
INSIGHTS VIEWPOINT
Now cybercriminals can buy the tools to fool you
- 07 Oct 2024
- ICAEW Insights
Cyber Security Awareness Month: With phishing attacks becoming increasingly commercialised, businesses need to do everything they can to help employees spot the danger, writes cybercrime journalist Chris Price.
Displaying 1-50 of 265 results