Displaying 1-50 of 235 results
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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.
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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.
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Government extends deadline for AI skills grants
- 04 Jun 2024
- ICAEW Insights
Accountancy firms now have until 18 August to apply for grants under the pilot of the government’s new AI Upskilling Fund, after the government extended the deadline by 11 weeks.
Case study: ICAEW’s generative AI powered chatbot - MiaPlus
- 03 Jun 2024
Adam Thompson, Head of Digital Product & Experience at ICAEW, shares how ICAEW have implemented generative AI to improve member experience while using conversational chatbot MiaPlus.
The future of forensics
- 29 May 2024
- Sam Edwards
The Forensic & Expert Witness Community recently hosted a webinar on how technology is reshaping forensic accounting and what the future of forensics looks like.
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Over-reliance on automation: a cautionary tale from Plato
- 27 May 2024
- ICAEW Insights
The dangers of too much tech are not a new concern – Konrad Bukowski-Kruszyna explains why accountants can take a sceptical cue from the ancient Greeks when it comes to AI.
IESBA delegation talks ethics strategy with ICAEW
- 24 May 2024
- ICAEW Insights
Key figures from IESBA and ICAEW meet to discuss important developments in the ethics space and explore areas of mutual interest and joint cooperation.
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How auditors can meet the client tech challenge
- 22 May 2024
- ICAEW Insights
Understanding how clients’ tech systems are operating is vital due to the demands of the revised ISA 315, but there are many strategies and tools that can help.
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Updated: 20 Principles for Good Spreadsheet Practice
- 21 May 2024
- ICAEW Insights
ICAEW issues fourth edition of 20 Principles for Good Spreadsheet Practice in recognition of changed ways of working and the need to work effectively with ever-increasing volumes of data.
Exclusive
Asynchronous API calls and the Companies House Document API – part 2
- 20 May 2024
- Sam Bonser
In part 1, Sam explained when to use an asynchronous client and how to set one up. In this follow up, he will explore how to manage and use the Document API effectively including the handling of redirects and file downloads.
Exclusive
Asynchronous API calls and the Companies House Document API – part 1
- 17 May 2024
- Sam Bonser
In a previous article, Sam explored how to connect to Companies House through leveraging their API and Python. One of the most common questions he received following the release of that article was how to manage the documents API. In this two-part series, Sam demonstrates how to set up the API effectively, first explaining the important concept of asynchronous API calls.
Public and private sector collaboration key to fighting corruption
- 14 May 2024
- ICAEW Insights
Closer working ties between businesses and enforcement agencies will boost the battle against corruption, expert speakers at a recent IFAC, ICAEW and IBA event agree.
Exclusive
Regulatory update April 2024
- 13 May 2024
- ICAEW Financial Services Faculty
The following is a list of some regulatory publications or announcements from April 2024 affecting UK financial services.
Ethical AI use: the way forward
- 10 May 2024
- ICAEW Insights
Ahead of the launch of ICAEW’s AI and Ethics CPD module, a series of round tables have highlighted how effective mitigations are needed to ensure AI can be used appropriately and effectively.
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US accountancy firm acquires Engine B
- 09 May 2024
- ICAEW Insights
UK-based technology firm, Engine B, which creates generative AI solutions for professional services and has been championed by ICAEW, has been bought by CLA.
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New AI training fund now open for applications
- 07 May 2024
- ICAEW Insights
Accountancy firms can now apply for a grant from a government £6.4m funding pot to help staff at small and medium sized UK businesses boost their artificial intelligence (AI) skills.
The ABCD+ of technology: AI and automation
- 02 May 2024
- ICAEW Insights
The ACA syllabus uses the ‘ABCD’ acronym to summarise the most impactful emerging technologies. In the first of a new series, we get the lowdown on artificial intelligence and automation, and what they mean for you.
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Just what is an AI co-pilot? A practical guide
- 23 Apr 2024
- ICAEW Insights
A new generation of digital assistants are promising accountants enhanced speed, accuracy and efficiency, but will they live up to the hype?
Members needed to shape guidance on AI ethics
- 28 Mar 2024
- ICAEW Insights
ICAEW is developing CPD modules on artificial intelligence and ethics – and would like your input on their structure.
Exclusive
A practical application of AI: Building a Technical Director GPT
- 27 Mar 2024
- Dudley Gould, VP of Business Development, Circit
Dudley Gould, VP of Business Development at Circit, explores how ChatGPT can be used to build a customised technical GPT and discusses how and when accountants and auditors might use generative AI.
Exclusive
The role of Internal Audit in ethical AI
- 21 Mar 2024
- Dimitris Kaskantanis
As AI progresses and gains wider acceptance, ethical considerations become increasingly significant. AI introduces ethical challenges across various domains, including democracy, justice and diversity and inclusion. This article explores these considerations, the associated risks, and the role internal auditors can play in promoting ethical conduct.
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ICAEW/RQ tie-up aids integrated advisory
- 19 Mar 2024
- ICAEW Insights
RQ platform puts ICAEW members at the heart of a professional services eco-system that enables them to provide more integrated advice and support to their clients.
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PwC adopts AI co-pilot for tax support
- 15 Mar 2024
- ICAEW Insights
AI assistant will provide support to more than 2,000 PwC employees in the UK, with further potential to plug directly into clients’ tax functions.
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How AI is blazing a trail in ESG reporting
- 08 Mar 2024
- ICAEW Insights
Businesses are seeking the aid of artificial intelligence to drive efficiencies in their ESG reporting work – but users should be aware of some crucial caveats.
Exclusive
Looking back and looking ahead
- 07 Mar 2024
In this article Sudheer Sharma, chair of the Travel, Tourism & Hospitality Community, reflects on a successful 2023 and outlines the Community plans for 2024.
Transforming accounting through technology: embracing big data, AI and blockchain for a better tomorrow
- 05 Mar 2024
- Zayd Maniar, International Liaison Partner, Crowe UAE
The accounting profession has been adapting to technology since the invention of the abacus in the second century BC. Now, with the explosion of big data, the increasing affordability of advanced analytics, and the adoption of artificial intelligence (AI) and blockchain, the industry is entering a new era of transformation. This digital transformation will revolutionise the practice of accountancy and have implications for entire businesses, societies and economies. By embracing the technological changes of the Fourth Industrial Revolution, Chartered Accountants can ensure they remain relevant...
Could AI answer the call for increased Financial Discipline?
- 05 Mar 2024
- Mark Billington FCA, Managing Director, International, ICAEW
The call for financial discipline is more relevant than ever before.
INSIGHTS VIEWPOINT
CYBER ROUND-UP
Cyber round-up: February 2024
- 28 Feb 2024
- ICAEW Insights
This month we look at the latest stories in the world of cyber, the lessons 2023 has taught us on how to improve cyber security, and the changes to the Online Safety Act.
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What makes generative AI such a game changer?
- 23 Feb 2024
- ICAEW Insights
While older types of AI were in many ways process-based machines, Gen-AI displays strong signs of intuition, initiative and creativity. What does this distinction between ‘new’ and ‘old’ AI actually mean?
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How generative AI is set to disrupt finance
- 20 Feb 2024
- ICAEW Insights
As its capabilities grow, Gen-AI is poised to shake up the finance function in general and accountancy in particular – but its risks and drawbacks cannot be ignored.
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What Horizon tells us about ethics and technology
- 15 Feb 2024
- ICAEW Insights
There are lessons to be learned from the Post Office Horizon scandal about the ethical issues that can arise from the technology we use.
Don't let AI tools land you in hot water
- 12 Feb 2024
- ICAEW
In this article we cover some of the professional ethical implications you need to consider when using Generative AI tools such as Chat GPT.
INSIGHTS VIEWPOINT
CYBER ROUND-UP
Cyber round-up: January 2024
- 30 Jan 2024
- ICAEW Insights
As the year begins, organisations reflect on lessons learned in 2023, and set priorities and develop strategies for improving cyber security in 2024.
Generative AI case studies
- 26 Jan 2024
Read our case studies on the use of generative AI in accounting.
INSIGHTS VIEWPOINT
ICAEW leads charge against cyber-security threats in deals
- 24 Jan 2024
- ICAEW Insights
Taskforce brings together the great and good of UK dealmaking to tackle the increasingly volatile and fast-moving nature of cyber-security risks.
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Deloitte launches co-pilot PairD
- 19 Jan 2024
- ICAEW Insights
With the introduction of its own tailored version of a co-pilot, Deloitte is just one of the Big Four firms expanding their use of the technology to boost innovation and efficiency.
Microsoft 365 Copilot or get the features without the pricey license
- 17 Jan 2024
- David Benaim
Chat GPT style conversational AI in Excel, Word, PowerPoint, Outlook, Teams, and more Microsoft 365 apps finally launched, some have access but at a price of $20 for Copilot Pro or $30 per month for Copilot for Microsoft 365 (the GBP price is not yet published at the time of writing), is it worth it? This article (or jump to the end of the article for a summary table) will cover Microsoft 365 Copilot’s capabilities and also describe alternative ways, beat for beat, to get to the same features, however, this is a non-exhaustive list based on capabilities in early 2024.
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Finance leaders highlight AI skills shortage
- 15 Jan 2024
- ICAEW Insights
Resilience and efficiency is at risk as CFOs warn finance teams don’t have the necessary skills to embrace new technologies.
Exclusive
Data analytics: Enabling Net Zero
- 08 Jan 2024
- Craig Stirk
Data analytics in its many forms has crucial roles to play in enabling the achievement of Net Zero. Craig Stirk, Chief Data Officer at Sprift, explores the role of analytics in this area as well as challenges that can limit the analytics-enabled delivery of net zero.
INSIGHTS VIEWPOINT
2024 - a year of major change
- 02 Jan 2024
- ICAEW Insights
Several general elections across the globe have great implications for the profession in 2024. But those are not the only changes that will affect accountants.
Exclusive
Unlocking the Benefits of a Unified Data Platform for (Internal) Auditors
- 11 Dec 2023
- Polyna Christakou
There are several data-engineering platforms in the market that allow organisations to process and transform large data sets. In this article, Polyna Christakou, Head of Internal Audit Data Analytics at Eurobank, shares her experience with using Microsoft Azure Databricks, a unified data warehouse.
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Why AI regulation must be stepped up
- 05 Dec 2023
- ICAEW Insights
Artificial Intelligence offers exciting potential benefits to the audit profession, but without regulation it risks creating as many problems as it does solutions, warn Andrew Moyser and Mark Lumsdon-Taylor.
Exclusive
Data sharing as a policy intervention
- 21 Nov 2023
- David Bholat
The recent and spectacular advances made in generative artificial intelligence have been possible because of shared data.
Exclusive
Regulatory Update October 2023
- 16 Nov 2023
- ICAEW Financial Services Faculty
The following is a list of some regulatory publications or announcements from October 2023 affecting UK financial services.
INSIGHTS VIEWPOINT
AI Copilot takes flight to save auditors time
- 26 Oct 2023
- ICAEW Insights
Fuelled with cutting-edge generative AI, new software aims to add dramatic efficiencies to lease accounting – enabling professionals to focus on higher-value decision making.
Insider dealing: Quantexa hits unicorn status
- 11 Oct 2023
- Nicholas Neveling
- Corporate Financier
In one of the toughest funding round markets in years, AlbionVC portfolio company Quantexa achieved unicorn status in April. Nicholas Neveling says this proves that tech firms with great prospects are still being backed to grow.
Case study: Software developer using generative AI - EngineB
- 06 Oct 2023
Franki Hackett, Head of Audit and Ethics at EngineB, shares how EngineB embedded generative AI into their product.
Exclusive
Autumn events season: AI don't believe it!
- 03 Oct 2023
- Ian Pay
As the world of accountancy emerges from a break over the summer, we find ourselves heading full tilt into an autumn season of big events. But from a data analytics perspective, what have we learnt so far?
Add some Power to Audited Accounts with Power BI
- 02 Oct 2023
- Eden Smith
In this article, we explore how you can use Microsoft Power BI to streamline the process of creating audited accounts at a low cost.
Displaying 1-50 of 235 results