ICAS ICAS logo

Quicklinks

  1. About Us

    Find out about who we are and what we do here at ICAS.

  2. Find a CA

    Search our directory of individual CAs and Member organisations by name, location and professional criteria.

  3. CA Magazine

    View the latest issues of the dedicated magazine for ICAS Chartered Accountants.

  4. Contact Us

    Get in touch with ICAS by phone, email or post, with dedicated contacts for Members, Students and firms.

Login
  • Annual renewal
  • About us
  • Contact us
  • Find a CA
  1. About us
    1. Governance
  2. Members
    1. Become a member
    2. Newly qualified
    3. Manage my membership
    4. Benefits of membership
    5. Professional development
    6. Careers support
    7. Mentoring
    8. CA Wellbeing
    9. Member rewards
    10. Area networks
    11. International communities
    12. Get involved
    13. Top Young CAs
    14. Career breaks
    15. ICAS podcast
    16. Newly admitted members 2022
  3. CA Students
    1. Student information
    2. Student resources
    3. Learning requirements
    4. Learning updates
    5. Learning blog
    6. Totum Pro | Student discount card
  4. Become a CA
    1. How to become a CA
    2. Routes to becoming a CA
    3. CA Stories
    4. Find a training agreement
    5. Why become a CA
    6. Qualification information
    7. University exemptions
  5. Employers
    1. Become an Authorised Training Office
    2. Resources for Authorised Training Offices
    3. Professional entry
    4. Apprenticeships
  6. Find a CA
  7. ICAS events
    1. CA Summit
  8. CA magazine
  9. Insight series 2022
    1. Finance + Trust
    2. Finance + Technology
    3. Finance + EDI
    4. Finance + Mental Fitness
    5. Finance + Leadership
    6. Finance + Sustainability
  10. Professional resources
    1. Anti-money laundering
    2. Audit and assurance
    3. Brexit
    4. Charities
    5. Coronavirus
    6. Corporate and financial reporting
    7. Business and governance
    8. Ethics
    9. Insolvency
    10. ICAS Research
    11. Pensions
    12. Practice
    13. Public sector
    14. Sustainability
    15. Tax
  11. CPD - professional development
    1. CPD courses and qualifications
    2. CPD news and updates
    3. CPD support and advice
  12. Regulation
    1. Complaints and sanctions
    2. Regulatory authorisations
    3. Guidance and help sheets
    4. Regulatory monitoring
  13. CA jobs
    1. CA jobs partner: Rutherford Cross
    2. Resources for your job search
    3. Advertise with CA jobs
    4. Hays | A Trusted ICAS CA Jobs Partner
  14. Work at ICAS
    1. Business centres
    2. Meet our team
    3. Benefits
    4. Vacancies
    5. Imagine your career at ICAS
  15. Contact us
    1. Technical and regulation queries
    2. ICAS logo request

Research: Five Questions

  • LinkedIn (opens new window)
  • Twitter (opens new window)
By ICAS

14 September 2021

In our new research series, Five Questions, we'll be exploring and showcasing ICAS funded research.

Real and Quick-time data: A challenge to reporting and assurance? How real-time and quick-time data is shaping and transforming the practice and decision-making of financial analysts and professional investors.

Research team: 

Mark Aleksanyan and Yannis Tsalavoutas, University of Glasgow
Subhash Abhayawansa, Swinburne University of Technology;
Kenneth Lee, London School of Economics and Political Science

Technology and its impact and opportunities for the profession are a key topic of interest for ICAS Research. The project in this short video is funded by ICAS as a result of our 2019 Call for Research on Technology.

Extract:

‘’The market for information has grown exponentially over the past 5 years with accelerating developments in information technologies and proliferation of alternative data sources. This has created new opportunities but also poses new challenges, to investors, analysts, corporates and other market actors. These inflection points are often the catalyst for significant shifts in practice. Anecdotal evidence suggests that real-time information and information processing technology play increasingly important role in professional investors’ and analysts’ decision-making. However, we do not yet have a clear understanding about the extent to which different types of investors and analysts actually rely upon real time data, or how they imbed this information and technology in their investment practices.

In relation to accounting information, and in the midst of this data revolution, we have to question if the model of quarterly or semi-annual reporting, which might appear to many to be archaic, is meeting the needs of users.’’

In Five Questions, we lift the lid on and cover some of the key preliminary findings from this academic research project, which focusses on the usage and perception of the usefulness of high frequency/real-time information and Technology by investors and analysts. The research aims to:

  • Gain an evidence-based understanding of professional investors’ and financial analysts’ perceptions and usage of real-time and quick-time data in their practice of analysis of company performance, equity valuation and investment decision-making;
  • Assess analysts’, investors’ and other stakeholders’ current and future perceived demand for real-time information in general, and quick-time corporate reporting information in particular;
  • Assess users’ perspectives on the need for a new corporate reporting and assurance paradigm, and/or regulation of real- & quick-time data, in the future.

By addressing these objectives, this study aims to inform a broader debate about the relevance of the current corporate reporting paradigm (regulations, reporting standards and corporate reporting practices) in the era of real-time and big data, and steer future research in this field.

2022 06 camag 2022 06 camag
ICAS logo

Footer links

  • Contact us
  • Terms and conditions
  • Modern slavery statement
  • Privacy notice
  • CA magazine

Connect with ICAS

  • Facebook (opens new window) Facebook Icon
  • Twitter (opens new window) Twitter Icon
  • LinkedIn (opens new window) LinkedIn Icon
  • Instagram (opens new window) Instagram Icon

ICAS is a member of the following bodies

  • Consultative Committee of Accountancy Bodies (opens new window) Consultative Committee of Accountancy Bodies logo
  • Chartered Accountants Worldwide (opens new window) Chartered Accountants Worldwide logo
  • Global Accounting Alliance (opens new window) Global Accounting Alliance
  • International Federation of Accountants (opens new window) IFAC
  • Access Accountancy (opens new window) Access Acountancy

Charities

  • ICAS Foundation (opens new window) ICAS Foundation
  • SCABA (opens new window) scaba
© ICAS 2022

The mark and designation “CA” is a registered trade mark of The Institute of Chartered Accountants of Scotland (ICAS), and is available for use in the UK and EU only to members of ICAS. If you are not a member of ICAS, you should not use the “CA” mark and designation in the UK or EU in relation to accountancy, tax or insolvency services. The mark and designation “Chartered Accountant” is a registered trade mark of ICAS, the Institute of Chartered Accountants of England and Wales and Chartered Accountants Ireland. If you are not a member of one of these organisations, you should not use the “Chartered Accountant” mark and designation in the UK or EU in relation to these services. Further restrictions on the use of these marks also apply where you are a member.

ICAS logo

Our cookie policy

ICAS.com uses cookies which are essential for our website to work. We would also like to use analytical cookies to help us improve our website and your user experience. Any data collected is anonymised. Please have a look at the further information in our cookie policy and confirm if you are happy for us to use analytical cookies: