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ICO urges accountants over SME data protection compliance

The data protection regulator is calling on accountants to step up in helping their SME clients navigate complex data protection legislation, against a backdrop of further changes to the legislation. ....

United Kingdom , Faye Spencer , Head Of Business Services , Henley Business School , Information Commissioner , Business Services , Lian Pay , Data Analytics , Data Protection , Digital Information Bill ,

Accounting tech vendors placing added strain on practices, experts say

Accountants in practice are increasingly feeling the strain of dealing with clients’ tech enquiries on behalf of tech vendors, experts say ....

United Kingdom , Anoop Rehal , Haines Watts , Lian Pay , Skills Gap , United Kingdom Finance ,

ChatGPT: opportunity and risk for the profession

OpenAI’s ChatGPT can answer questions to an impressive level of detail, but it needs work to address some significant issues before it could prove useful in audit and accountancy. ....

Esther Mallowah , Pandas Dataframe , Lian Pay , Data Analytics , Tech Policy ,

Accounting firms "stunting their own growth" through lack of automation

Accounting firms resisting the transition to automation are potentially damaging their profit margins, experts say ....

Becki Roberts , Jamie Lyon , Lian Pay , Power Automate , Moore Kingston Smith ,

How digitalisation can take the pain out of reporting

The labours of month and year-end reporting can be reduced with a few simple digital steps, leaving accountants free to take on more analytical tasks. ....

Lian Pay , Data Analytics , Power Automate ,