Displaying 1-50 of 246 results
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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.
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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.
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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.
SPONSORED CONTENT
Are you a finance futurist? Discover a new framework for finance excellence
- 30 Oct 2024
- Workday
CFOs are transforming into tech-savvy futurists, leveraging AI to revolutionize finance and reimagine how work gets done. The new ‘Intelligent Finance’ report outlines the Finance Assessment Model for Effectiveness (FAME), a roadmap developed by leading CFOs to help you elevate your finance function in five key areas: Business, Technical, Digital, People, and Leadership.
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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
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INSIGHTS SPECIAL
Masterclass 3: Making audit sampling more efficient and effective
- 30 Oct 2024
- ICAEW Insights
Konrad Bukowski-Kruszyna ACA, Head of Audit Data Analytics, RSM UK outlines how generative AI can help ensure that audit sampling is being handled correctly.
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Masterclass 4: Understanding differences in reporting standards
- 30 Oct 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.
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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 to better understand and document a client’s sales process.
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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.
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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.
INSIGHTS VIEWPOINT
Leading data-led decision making in local government
- 25 Oct 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.
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.
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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.
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INSIGHTS SPECIAL
Partnering effectively with AI, part 2: evaluation in use
- 16 Oct 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.
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.
INSIGHTS VIEWPOINT
I deepfaked myself. It was terrifyingly easy
- 07 Oct 2024
- ICAEW Insights
How easy is it for criminals to create a deepfake of someone? ICAEW’s Head of Data Analytics and Tech, Ian Pay, decided to experiment with the technology.
INSIGHTS VIEWPOINT
The skills most in demand by accountancy recruiters
- 03 Oct 2024
- ICAEW Insights
Average CFO salaries in London demand £246k-plus and accountancy employers encourage staff to explore generative AI tools as demand for accountants proficient in digital transformation, automation and AI ramps up.
INSIGHTS VIEWPOINT
Cyber security tops business risks, but AI on the rise
- 02 Oct 2024
- ICAEW Insights
Poll of chief internal auditors reveals AI, cyber and digital threats will dominate the risk landscape for 2025 and beyond.
How should the UK foster a climate for smarter regulation?
- 30 Sep 2024
- ICAEW Insights
With global economic challenges mounting, ICAEW’s roundtable event brought together expert views on how the regulatory landscape should adapt to promote sustainable growth.
INSIGHTS VIEWPOINT
Is AI compatible with sustainability?
- 24 Sep 2024
- ICAEW Insights
ICAEW’s Polly Tsang explores artificial intelligence’s sustainability credentials and asks whether the rampant energy consumption it requires is compatible with organisations’ desire to be green.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Copilots: AI as a partner for productivity
- 18 Sep 2024
- ICAEW Insights
Artificial intelligence is revolutionising the accounting profession, enabling accountants to work smarter, faster and better. Here Shamus Rae, CEO of Engine B, explains how accountants can leverage the power of AI without losing their human touch and professional judgement.
Exclusive
Top 10 AI adoption questions for businesses and ICAEW members
- 29 Aug 2024
- ICAEW Financial Services Faculty
Artificial Intelligence’s (AI) potential to transform how businesses operate has led to a growing number of organisations to consider the impact that AI can, and will, have upon them.
Navigating ethics in a changing world
- 16 Aug 2024
- ICAEW Insights
Raising awareness of Global Ethics Day, ICAEW is holding an event on 23 October in the Great Hall at Chartered Accountants’ Hall to highlight the importance of ethical culture and governance.
Exclusive
How to get started with programming as an accountant Part 2
- 05 Aug 2024
- Edward Franklin
In a previous article, Edward Franklin, founder of TechFranklin, explored the approach to take when getting started with programming as an accountant. The first article covered how to work with CSV formatted data and this following article will cover how to take advantage of JSON, a format commonly encountered with APIs.
Exclusive
Tax technology and the role of AI
- 02 Aug 2024
- ICAEW
- Taxline
Paul Aplin explores the ways in which artificial intelligence (AI) is having an impact on tax work and explains the difference between AI and generative AI.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
What role should AI serve in the pensions sector?
- 30 Jul 2024
- ICAEW Insights
Amid healthy market conditions, the pensions industry is well placed to expand its use of AI, according to PwC. But there is significant complexity to overcome.
Exclusive
Tools for the future
- 29 Jul 2024
- Antoinette Alexander
- Accounting Today
The article highlights the importance of embracing emerging technologies in the accounting and finance industry to remain competitive. Firms are planning to invest in training staff on generative AI tools and AI and machine learning tools. When adopting new technologies, firms should consider their goals, integration capabilities, and prioritise efficiency and automation. The article also mentions a specific technology that can help users organize information, streamline processes, and enhance security and compliance, without providing specific details about the technology itself. Overall, the...
A deep dive into deepfakes
- 24 Jul 2024
- ICAEW
Deepfake technology, which uses Artificial Intelligence (AI) to create highly realistic but fake images, audio, and videos, is rapidly emerging as a significant threat in the cyber security landscape. As cyber criminals adopt this technology to exploit vulnerabilities, businesses must understand its implications and strengthen their defences.
Exclusive
Databases, Data Warehouses and Data Lakes for Accountants
- 17 Jul 2024
- Edward Franklin
Accountants today rely on software like Oracle, Sage, Excel, and many other technologies to store important data and help generate financial statements and insights. This article provides a high-level overview of different data infrastructure used in accounting and how these fit into contemporary technology such as PowerBI, PowerPivot, Excel, APIs.
INSIGHTS VIEWPOINT
ECONOMIC UPDATE
Small practice marketing in a GenAI world
- 12 Jul 2024
- ICAEW Insights
Clients and prospective employers may soon be learning about you through GenAI tools. Here’s how to ensure that your content will be read well by both machines and humans.
Free CPD: sustainability reporting resources
- 10 Jul 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.
Update will make it easier to add events to your CPD record
- 10 Jul 2024
- ICAEW Insights
ICAEW is rolling out a new way to add attendance to our webinars and events on your CPD record, making it easier and simpler to verify your continuing professional development (CPD).
Free CPD: generative AI
- 09 Jul 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.
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AI’s financial stability challenges
- 08 Jul 2024
- ICAEW Insights
AI and machine learning were part of the financial sector landscape long before many other sectors caught on. But what do their use mean for financial stability?
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The role of ethics within AI to combat modern slavery
- 05 Jul 2024
- ICAEW Insights
We complete our iEARTHS miniseries journey through an ethical lens. The ethical risks and challenges are real and require thoughtful reflection to protect what really matters: vulnerable individuals.
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AI ‘will turbocharge cybercrime and fraud’
- 26 Jun 2024
- ICAEW Insights
Chief internal auditors are worried that AI is likely to fuel a surge in cyber, fraud and economic crime, according to a new poll.
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Diving deeper into the data for combating modern slavery
- 26 Jun 2024
- ICAEW Insights
The challenges around understanding what the data does or doesn’t tell us is a major factor in making AI work effectively. In the latest in his series, David Wray looks at getting data right and how causal AI might aid in offering decision-useful options.
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INSIGHTS SPECIAL
Combating modern slavery: when Gen AI isn't enough
- 20 Jun 2024
- ICAEW Insights
Following his introduction to the iEARTHS’ artificial intelligence (AI) solution, David Wray discusses why causal AI was chosen over generative AI and how the team tackled bias and hallucinations.
INSIGHTS VIEWPOINT
INSIGHTS SPECIAL
Is AI really taking your job?
- 13 Jun 2024
- ICAEW Insights
Fresh analysis suggests AI skills could help to bridge the UK productivity gap with other nations.
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European Union launches new AI Office
- 11 Jun 2024
- ICAEW Insights
The EU is set to open its AI Office following the application of its recent world-first comprehensive law on Artificial Intelligence.
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How we applied AI to combat modern slavery
- 10 Jun 2024
- ICAEW Insights
The iEARTHS project is a causal AI system designed to tackle modern slavery. David Wray, ICAEW member and one of its creators, explains the considerations that went into its development.
Displaying 1-50 of 246 results