Accounting

Accounting News & Professional Insight

Accounting Today delivers news, rankings, thought leadership, and analysis for accounting professionals so they can navigate change in standards, firm strategy, technology adoption, talent, and the overall business environment.

Accounting professionals are facing rapid transformation, including shifting professional standards, demographic change, technology disruption, practice consolidation, and changing expectations for advisory services. Our coverage surfaces these strategic dynamics and provides insights and analysis for firms, leaders, and the accounting profession.

AICPA

Economic confidence increases, but businesses pull back on spending

Economic confidence improved modestly in the third quarter, but businesses still pulled back on spending amid uncertainty, according to an AICPA and CIMA.

By Paige Hagy
Reporter

42m ago
AT Think What offshoring vendors don't want you to know

Confronted by a chronic talent shortage, fee compression and ever-increasing workloads, more U.S. accounting firms are turning to offshore talent.

7h ago

Anshul Agrawal

June15 Consulting
Audit

Australia says probes reveal hundreds of audit-sector complaints

Australia's top corporate cop is grappling with cleaning up a sector mired in scandal in recent years.

By Bloomberg News

8h ago
Audit

KPMG scandal fires up Australian lawmakers to demand audit shakeup

Piece by piece, parliamentary hearings into KPMG Australia laid bare the tensions at the heart of the nation's audit industry.

By Bloomberg News

8h ago
Accounting standards

FASB proposes codification tweaks

The Financial Accounting Standards Board posted a proposed accounting standards update with targeted improvements to the Accounting Standards Codification.

By Michael Cohn
Editor-in-chief, AccountingToday.com

September 2
Payroll

Private sector added 38K jobs in August as pay grew

Base pay rose 3.2% and gross pay was up 4.7% year over year, according to the new ADP Pay Insights component of the report.

By Michael Cohn
Editor-in-chief, AccountingToday.com

September 2
Technology

Accrual acquires Puzzle's tech to add to CAS offering

Accrual, generally known as a tax and practice management solutions provider, has acquired the technology and business of AI-guided bookkeeping and accounting solutions provider Puzzle.

By Chris Gaetano
Technology Editor

September 2

Resources

The latest Accounting Today research and discussion:

Beyond the Buzz: Moving from AI Hype to Meaningful Impact

Weaving AI into client records, workflows, documents, and billing allows accounting firms increase to by offering client accounting services. Learn why an integrated platform outperforms standalone accounting solutions.

Partner Insights from Canopy
Beyond Research: Unlocking Hidden Value from AI

Generative AI adoption among accounting firms doubled in just one year. But many firms are barely scratching the surface, using AI primarily for tax research rather than to reimagine workflows

Partner Insights from Thomson Reuters
Predicting the next 15 years in accounting

Take a look at what the accountant and the accounting firm of the future will look like with AICPA chief Mark Koziel.

Sponsored by BILL

Accounting: Key Questions & Analysis

What are the key trends and strategies emerging from accounting industry leaders?

Top leaders are focused on structural challenges facing firms, including succession planning, evolving service mix, and long-term sustainability of traditional models.

How are accounting firms positioning themselves for the profession’s next phase?

Firm leaders are redefining and evaluating their strategy for growth. This includes investing in people and systems as well as rethinking how firms deliver value to address changing client needs and competition.

What role does professional identity play as accounting continues to change?

Debate continues over how accounting defines itself. This is due to accounting expanding into advisory, consulting, and technology-enabled services. These changes can raise questions about standards, training, and long-term credibility.

How are accounting firms managing leadership and succession risk?

Demographic shifts are accelerating in accounting. This means more firms are confronting leadership transitions and ownership succession which can create critical strategic risks that influence growth, culture, and valuation.