Accountants can play a valuable role to ensure broad public trust in technologies like artificial intelligence. At the same time, accountants also need to upskill to stave off the threat of automation replacing the process-driven parts of their jobs.
Find out how digital technology been utilised by international tax administrators to reduce costs and improve compliance and tax yields, while crucially assessing the future challenges these economies face.
ISCA & ICAEW publish a new report: “Fintech Innovation: Perspectives from Singapore and London” The efficiency, convenience and reach of financial services has been significantly enhanced by the development of the fintech industry.
The rapid developments in AI have engendered high expectations of the benefits it can deliver for business and for society at large. Yet there are concerns about AI replacing human input and thus displacing jobs.
New technologies are driving growth of the digital economy, with one of these being distributed ledger technology (DLT), and its most common application – blockchain. Blockchain began as the technology behind the digital currency bitcoin, but the potential applications for its use extend far beyond this [...]
The global interest in cybersecurity is growing. As we move into the cyber age, technology has become a huge part of both our everyday lives and today’s business environment, as more and more businesses increase their online presence [...]
Numbers have always been the lifeblood of the accountancy profession. Now, the trends of big data and analytics promise to increase the volume and velocity of this information flowing to finance professionals. Just as commerce thrives on information [...]
The traditional levers of economic progress – capital investment and labour – are no longer able to sustain the growth in GDP enjoyed in previous decades in most developed economies. With the recent convergence of technology [...]
The most well-known ‘virtual’ currency is Bitcoin. Like all digital currencies it’s based on cryptographic proof instead of trust, allowing any two willing parties to deal directly with each other without needing a trusted third party [...]