Technology

Insight / Is Alexa your next HR hire?

As artificial intelligence becomes increasingly popular through the likes of Amazon Alexa and Google Home Alaistair Brown, chief technical officer at Bright HR, considers how virtual assistants can be used to improve HR in the workplace

Insight / GDPR versus current data protection laws: what you need to know

The General Data Protection Regulation (GDPR) is due to replace existing data protection laws across the EU in May 2018, changing the way data storage and usage is governed and introducing harsh penalties for non compliance. Martin Hodgson of Croner-i Business Essentials looks at the differences between GDPR and current data protection law

Tax / HMRC clarifies tax treatment of cryptocurrencies

Although there are no plans afoot to update HMRC’s tax treatment of cryptocurrencies such as Bitcoin, HMRC has moved to clarify its position on the virtual currencies, reports Calum Fuller

Insight / FCA reports 80% hike in cyber attacks

There has been sharp rise in the number of cyber-attacks against financial services companies reported to the Financial Conduct Authority (FCA), which were up by more than 80% last year

Tax / Crypto challenge: taxing cryptocurrencies

As the number of cryptocurrency holders grows along with their values, Calum Fuller examines what it means for practitioners and the potential tax implications for clients

Insight / Half of businesses unaware of incoming data laws

The government is urging companies to check they meet the requirements of the new data protection laws which come into effect in May, after research found that fewer than half of all businesses and charities are aware of the new regulations, with just four months to go

Insight / KPMG expands cyber security arm with Cyberinc deal

Big Four accounting firm KPMG is set to acquire the identity and access management business division of Silicon Valley-based Cyberinc, which provides cyber security solutions globally

Insight / Due diligence vital in rush to invest in crypto currency

As cryptocurrencies boom, it is becoming increasingly important to exercise care and due diligence before investing in a market which is booming with values rising on a daily basis. Exiger vice president Shanti Salas and manager Piotr Pillardy look at the risks, particularly if values plummet

Insight / Bloomberg adds three cryptocurrencies to trading terminals

Bloomberg has added the prices of three cryptocurrencies to its trading terminals, with Ripple, Ether and Litecoin all listed

Accounting / FRC’s lab wants push on use of digital reporting

The Financial Reporting Council’s (FRC’s) financial reporting lab is pushing for wider use of XBRL (eXtensible business reporting language) as a way of meeting new digital reporting needs, but says regulators, companies and technology providers need to work more closely together

Insight / PwC Hong Kong takes first client payment in Bitcoin

PwC in Hong Kong has for the first time accepted payment in Bitcoin for its advisory services, the Big Four firm has announced

Insight / 92% of European businesses not ready for GDPR

With just over six months to go until the EU’s general data protection regulation (GDPR) becomes law, just 8% of businesses across Europe report they are prepared for the new measures, which include provision for fines of face fines of up to €20m for failure to comply, according to research from RSM

Insight / 56% of CFOs struggling with data security

Over half of global CFOs admit that managing data security and privacy is the biggest challenge in corporate reporting and believe that lack of clarity over data ownership and governance is having an impact on reporting effectiveness

Insight / PwC set to acquire customer relations specialist business CDecisions

PwC has conditionally agreed to acquire UK-based Salesforce consultancy, CDecisions, which specialises in customer relations for financial services firms

Insight / Top tips: how to make your accountancy website perform better

Tim Butler, founder of Innovation Visual, a digital marketing consultancy, provides ten tips on how accountancy firms can improve the performance of their website and generate more leads by including current content, ensuring it is mobile friendly and keeping on top of traffic, among other things
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