(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Finance Function

Boosting the strategic value of your data

Finance departments need to think through their use of data for maximum impact. By Andrea Chipman The advent of big data over the past two decades, along with the broader data revolution, has, in theory, made it easier than ever for corporate finance chiefs to support their financial and business strategies and decision-making processes with… Read More Boosting the strategic value of your data

(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article., Business Management, Practice Management

GDPR and employee data

As you prepare for the implementation of GDPR, there are a number of practical measures to consider when it comes to processing employee data. Most accountancy firms collect and process personal data relating to their employees on an ongoing basis as part of their everyday personnel administration. Personal data processed by your firm could be… Read More GDPR and employee data

(c) The Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Information Technology

Algorithms are everywhere

By Pierre Theroux They can be useful in our daily lives but do they know too much about us? Many companies may not want you to know the answer. They have names such as HardBacon, Ambo, Wealthica and Covera. These are among the dozens of startups across the country that are sparking a revolution in… Read More Algorithms are everywhere

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Information Technology

Automating accounting

Machine learning is a subset of artificial intelligence that excels at using data to find patterns and make predictions. George W. Russell takes a look at how this rapidly evolving technology is shaking up business – including the accounting sector – and how it will dramatically change roles within firms. By George W. Russell Any car owner… Read More Automating accounting

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Information Technology

Big data, analytics, AI, and the finance professional

Data gathering and accounting’s role in it continues to change. A thought leader explores the opportunities. By Aubrey Joachim, FCMA, CGMA Artificial intelligence (AI) and robotisation will affect many elements of the human endeavour. That includes the way humans interact, how work is done, and what work need not be done by humans. These advancements… Read More Big data, analytics, AI, and the finance professional

(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Careers

The future of the professions

By Claire Scobie What impact will artificial intelligence (AI) have on professions such as accounting? For centuries doctors, accountants, lawyers,  teachers and architects have solved problems too complex for most of us. But today, the future of these professions are seriously in question as artificial intelligence, non-thinking machines and automated systems are poised to do… Read More The future of the professions