Digital Disruption

Jeremy Clarke, ICAS Assistant Director, Practice, talks to The CA about traditional ways of working, embracing new technology – and why you can still have the best of both worlds.

The impact of digital technologies is an important topic for professional accountants working in businesses around the world. Technology provides finance functions with many opportunities to do things better, but it also changes the business context in which finance operates.

If you think artificial intelligence or AI belongs in futuristic movies and science fiction novels, you might want to think again. You would be surprised to know that AI is involved in helping you complete a myriad of tasks, such as filing your income tax on the Inland Revenue Authority of Singapore (IRAS) portal.