Artificial intelligence (AI) systems can be very powerful and are improving quickly. They provide outputs that can be extremely accurate, replacing and, in some cases, far superseding human efforts.
Blockchain is the most significant innovation in accounting technology since the invention of double-entry bookkeeping. It is a techechnology that is set to transform how finance transactions are governed, verified and assured.
Cybercrime and threats to computer systems have become a major concern of businesses around the world. Our growing reliance on IT and the internet has greatly increased the impact of hacking, security failures and the loss of systems.
Computing power will continue to grow and organisations will continue to have access to increasing amounts of data. They key is in the interpretation of data to drive improvements in business performance.