AIA presented Icarus Accounting Simulation App as the Innovation in Accountancy winner at the PQ Awards 2024.

The recipient of the Innovation Award, Icarus (Accountancy), was hailed for their ground-breaking contributions to accountancy education. The mobile and desktop app, designed for accountancy students at University of London, simulates a "complex business challenge set in a real-life context, where research into the market and the industry are directly relevant to and consistent with the simulated business".

Features of the app include role assignment, social media tools to allow students in different countries to communicate and work in teams, a business plan aspect, benchmarking results, report submission, tutor feedback and more.

Their innovative endeavours have not only pushed the boundaries of traditional education but embrace new ideas and technologies in the profession. Congratulations Icarus!

Philip Turnbull, AIA Chief Executive said, "Presenting the Innovation in Accountancy Award allows us to support and honour those who are driving positive change and shaping the future of accounting. Additionally, having an AIA nominee for the NQ of the Year demonstrates the calibre of professionals that our Association produces." 

AIA Council Member, Sharon Jandu, who attended the ceremony and presented the award, added, "As AIA continues to champion innovation and excellence in the accountancy field, the recognition of Icarus Accounting Simulation App's achievements underscores the importance of digital innovation in accountancy. It inspires us all to continue pushing the boundaries and embracing new ideas to propel the profession forward."

By celebrating innovation and emerging talent, AIA remains at the forefront of driving positive change and shaping the future landscape of accounting.

"The recognition of Icarus Accounting Simulation App's achievements underscores the importance of digital innovation in accountancy."

Sharon Jandu, Council Member, AIA