TOPIC
Why AI accountants can’t count. Yet.
LLM researchers have found that when asked to balance a set accounts, this generation of AI models slowly becomes less accurate over time. At a glance AI demos sparked hype about automating accounting, attracting huge venture capital funding. Large language models...
Actually, AI is a ‘word calculator’ – but not in the sense you might think
From a “black box” to “autocomplete on steroids”, a “parrot”, and even a pair of “sneakers”, the goal is to make the understanding of a complex...
A basic 5-point plan for better cybersecurity
At a glance Cybercriminals target accounting firms for their valuable client data and weak security. Breaches can lead to financial loss,...
The cognitive traps that can lead you astray
At a glance Cognitive biases are mental shortcuts that can distort professional judgment and decision-making. These biases can lead to poor...
2025 key dates for accountants and their clients
To save you time, we rounded up the key dates that will impact you, your clients and the profession this year. Self-assessment tax return...
Driving change: The IFA London Conference 2024
Nearly 200 IFA members and students escaped the heat of London’s streets to attend an informative and lively IFA London Conference 2024. Held in...
IFA AML Conference: Steps for small business to avoid money laundering hotspots
Addressing the conference, IFA Director of Professional Standards Tim Pinkney said the regulations provided a framework for accountancy service...
9 AI tools to help you solve problems now
In February, Secretary of State for Science, Innovation and Technology Michelle Donelan MP presented the government’s response to consultation...
Premier League transfer spending has plummeted in January 2024 – an expert explains why belts have been tightened
Kalvin Phillips (centre), on loan from Manchester City to West Ham, in action against Arsenal FC on 11 February. An uptick in loan deals sees...
Highlights from IFA’s International Conference 2023
Missed the event? The IFA International Conference is available now, on-demand. Find out more. How to: AML compliance Recently, the IFA’s Tim...
4 adaptation lessons from disastrous events
Following the devastation of Storm Babet, funding announcements were some relief for those whose homes and businesses had been inundated....
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