The Association of International Accountants (AIA), the global body for professional accountants this week held the Accountants in the Modern World Conference.

The conference took place on 12 September in London and 14 September in Nottingham with the focus predominately on the way in which business technology has advanced business functions and operations to higher levels than we have ever seen before.

In addition to informative presentations on topics covering Making Tax Digital, GDPR and Bitcoin, delegates had the opportunity to ask the speakers direct questions and network with their peers.

AIA President, Les Bradley who attended both the London and Nottingham conference, commented: “It is always a great pleasure for me to meet and network with the AIA members, and the past few days have been no exception.

“I think we are all aware that technological advancements stop for nobody, and I feel this is particularly pertinent for the accountancy sector at the present time, with making tax digital and now General Data Protection Regulation (GDPR) at the forefront of a lot that we read.

“Having listened with great intrigue to Matt Keefe’s presentation on GDPR, I would strongly urge any AIA members who are not fully up to speed on this topic, to start the learning process now, as the potential fallout from non-compliance is significant.

“GDPR comes into force throughout the UK on the 25 May 2018, so the clock is ticking.”