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The Digital Accountancy Forum 4th October 2018 | London
08:00-09:00 Morning refreshments and registration
09:00-09:10 Welcome address from the chair: Sylvia Wei Yen Tsen, Executive Director, Knowledge, Technology and Operations, International Federation of Accountants
SESSION ONE: Changes to the sector with digital transformation and technology enablers
09:10-09.30 KEYNOTE ADDRESS: Bringing accounting into the digital age: further updates
Current digital adoption and challenges
Key developments and innovations in technologies
How to retain your competitive edge in the current market Andrew Harding FCMA CGMA, Chief Executive, Management Accounting at Association of International Certified Professional Accountants (AICPA-CIMA)
09:30-09:50 Marrying machines to humanity
Automation of services in accounting and the effect on the businesses
With the rise of automation of processes in auditing what roles and responsibilities might be threatened and could become redundant?
Changes of skills to deal with innovation and the correlation between human skills and technology
Role of auditor and accountant in the age of automation Mark Edmondson, CEO & President, Inflo
09:50-10:10 Transforming in the digital age
What are the key emerging technology trends?
How do they affect our profession?
What's the role of machine learning and artificial intelligence? Chris Potter, Assurance Transformation partner, PwC
10:10-10:30 Nurturing technological innovation and adoption within your firm:
Creating a culture of innovation in your organisation
Adopting new ways of working with technology partners
How to maintain momentum with technological advances
Work smarter, not faster Danny Gal, Chief Revenue Officer, Validis
10:30-11:00 PANEL DISCUSSION: Digital transformation in accountancy and shifting business models
Latest trends, developments and challenges in accountancy through the lenses of digital change. Shift from compliance to advisory
How operating models are affected by the technological revolution and how we can take advantage of it
Exploring the future of the partnership model
How to become a multidisciplinary company in today’s environment Moderator: Sylvia Wei Yen Tsen, Executive Director, Knowledge, Technology and Operations, International Federation of Accountants Andrew Harding FCMA CGMA, Chief Executive, Management Accounting at Association of International Certified Professional Accountants (AICPA-CIMA) Mark Edmondson, CEO & President, Inflo Chris Potter, Assurance Transformation partner, PwC Danny Gal, Chief Revenue Officer, Validis
11:00-11:30 Networking Coffee Break
SESSION TWO: Strategic Automation roadmaps
The Digital Accountancy Forum 4th October 2018 | London
Chair: Martin Bissett, Founder, The Upward Spiral Partnership Ltd
11:30-11:50 Examining machine learning and its role in bringing value to your business
How machine learning works in real life and how to apply it? Where do you need human judgement?
How to future proof your practices with the technology and ensure that it works effectively
Case study Katie Canell, UK Audit Innovation Lead, Deloitte
11:50-12:15 Going Digital: Understanding the impact of digitalisation on small accountancy firms
From ETB to print outs
From in-house to outsource back to In-house
From double entry to compliance to advisory
Driven by all things digital Tony Margaritelli, Chairman, The Institute of Certified Practising Accountants (ICPA)
12:15–12:35 Getting on Blockchain – hype or reality for auditing and reporting
Blockchain’s benefits and the concerns
ICOs/ Crypto/ Tokenisation – what’s the big deal o IPOs in the space, fund raised by ICOs and market cap of tokens o What are the problems being solved and for who
ICOs/ Crypto/ Tokenisation – Regulatory uncertainty (including accounting) stifling innovation
Implications of Blockchain for accountancy, audit and reporting Matthew Baker, Senior Manager, Global Blockchain Assurance, EY
12:35-13:00 PANEL DISCUSSION: Deep dive into the implementation of disruptive technology within the industry
Understanding the opportunities of technologies like Machine Learning, Natural Language Processing, Robotic Process Automation and Blockchain
Acknowledging the direct impact induced by these technologies
Best practice to overcome potential barriers to achieve successful implementation
Brainstorming what the future will look like Moderator: Martin Bissett, Founder, The Upward Spiral Partnership Ltd Katie Canell, UK Audit Innovation Lead, Deloitte Philip Fitz-Gerald, Director, Financial Reporting Lab, Financial Reporting Council Matthew Baker, Senior Manager, Global Blockchain Assurance, EY
13:00–14:00 Networking lunch
SESSION THREE: Data and Security
Chair: Markus Kammueller, Global Head of Transformation, BDO International Ltd
14:00–14:20 Tax in a digital world of accountancy
The Digital Accountancy Forum 4th October 2018 | London
How MTD is changing the way businesses operate in a real market
How to stay relevant and ahead of the game
Latest developments and concerns Alex Davis, Business Development Manager, Intuit QuickBooks
14:20-14:40 How data is transforming the end to end audit
Leveraging data to understand risk and culture in our clients
Using data to predict the future for key judgements
Presenting conclusions with live audit data Matthew Campbell , Audit Technology Director, KPMG
14:40-15:00 Cloud adoption: Latest trends and developments
Implementing cloud approach and adding a competitive edge to your auditing services
How to effectively store data on cloud
Private vs open source – best way in tackling security concerns Sinead McHale, CEO, Satago
15:00-15:30 PANEL DISCUSSION: The power of data: Creating real business value through your data strategy
Uncovering potential of your data assets. Understanding how to use data to your advantage and ways to bring data together in a coherent manner
Assessing best strategies to monetise data for different size of businesses
Leveraging latest technology and making sense of your data
Delivering better service to your client with proper data management techniques Alex Davis, Business Development Manager, Intuit QuickBooks Matthew Campbell , Audit Technology Director, KPMG
Simon Bulleyment, Chief Information Officer, haysmacintyre Sinead McHale, CEO, Satago
15:30-16:00 Networking Coffee Break
SESSION FOUR: Future of the Accounting Profession
Chair Chair’s opening remarks: Jamie Lyon, Interim Director - Professional Insights, ACCA
16:00-16:20 Learning from current trends to predict future ones
Big data in Chinese businesses – international perspectives
Digitalisation of tax – international perspectives
Comparing FinTech in Singapore and the UK – what makes a good hub Richard Anning, Head of the IT Faculty, ICAEW
16:20-16:40 How automation is changing accountancy firms: challenges and opportunities
How automation is shaping the financial industry
Potential and restrictions of automation technologies in accountancy
Learning from other sectors in the market on the impact of automation on business Speaker tbc
16:40-17:20 PANEL DISCUSSION: Future of the profession and developing the next generation of accountants
How professional bodies can ensure that the next generation has suitable skills
Attracting and retaining millennial talent
The Digital Accountancy Forum 4th October 2018 | London
Is the current curriculum up-to-date and upgraded?
Essential skills to ensure you are competitive at a personal and company level
Adapting your qualifications to stay current and “fresh” Moderator: Jamie Lyon, Interim Director - Professional Insights, ACCA Martin Bissett, Founder, The Upward Spiral Partnership Ltd Matthew Campbell , Audit Technology Director, KPMG Jeanne Boillet, Global Assurance Innovation Leader, EY Peggy Gondo, Assurance Transformation partner, PwC
17:20-17:30 Chair’s closing remarks
18:30–22:00 Drinks reception and awards gala dinner
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