In this issue, Jessica Pillow discusses the benefits of evalulating new IT systems, a recent conference showed that GDPR was causing headaches in Eastern Europe, recap of the IT Faculty's cyber security report on its fifth anniversary, what to do when conditional summary functions aren't flexible enough and Leo Waldock asks whether we should be worried about our personal data.
- Cover story: Automation for the people: should automation make us feel nervous?
As artificial intelligence becomes more advanced, fear of automation has left people feeling nervous about their future careers, and whether robots will replace them. Grant Thornton’s Mark O’Sullivan and Kabir Dhawan explain how the profession can best prepare for change. -
A summary of ICAEW’s Audit Insights Cyber Security report
Five years since the first Audit Insights report on cyber security was published, the IT Faculty is releasing its newest version. Beth Ashmead-Latham summarises the report, which looks at how businesses treat cyber security and what they can do to improve their protection from cyber attacks. -
Balkan Tech: GDPR and the Accountancy Profession Strategic Forum
With technology changing the accounting profession and GDPR causing a headache for those in Eastern Europe, Richard Anning looks back at the Accountancy Profession Strategic Forum in Serbia. -
Byte size: tech news roundup
A roundup of the latest news surrounding technology. This edition includes cyber safety requires co-ordinated effort, keeping phone for longer could reduce carbon missions, ransomware costs UK companies £364m a year, AI to hit financial services hardest. -
Excel Tips: Making conditional summary functions flexible
Microsoft Excel guru Simon Hurst explains what you can do when conditional summary functions aren’t flexible enough. -
Guiding light: A practical, GDPR guide for organisations
In late May, General Data Protection Regulation came into effect, changing the way organisations that process personal data interact with their users. ICAEW fellow Anzo Francis provides a handy guide for organisations to help get up to scratch on the newest piece of regulation. -
The benefits of evaluating new IT systems for your firm
Jessica Pillow of Pillow May chartered accountants recently attended the Alternative Accountancy IT conference, which raised some interesting questions about evaluating IT systems for practices. Here, she discusses how you can not only avoid alienating your clients when implementing IT systems, but also see how it benefits your firm. -
Why accounting professionals should be skilled in providing strategic financial advice and data analysis
Today in the accountancy profession, young professionals face the challenge of getting the right combination of skills and experience for roles. Deputy chairman of the IT Faculty, Nic Granger, says that professionals need to be skilled in both providing financial advice and data analysis. -
Facebook’s use of personal data: it’s complicated
In recent months, Facebook’s handling of personal data has been put under the spotlight. With the revelation of Cambridge Analytica’s role in the Brexit vote and the 2016 election in the United States, Leo Waldock asks if we should be worried about how our personal information is used. -
Upping your professional development game
As changes brought on by fintech loom, David Stevens stresses the importance of staying ahead of the curve in accountancy with continuing professional development.
Chartech: May/June 2018
ICAEW Members can download a PDF of the entire May/June 2018 edition of Chartech.
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