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.

Accounting standards

FASB proposes more changes to Conceptual Framework

If finalized by the board, the chapter would represent the completion of the FASB's Conceptual Framework.

By Danielle Lee
Managing Editor

December 21
Accounting education

New CPE standards offer more virtual learning

NASBA and the AICPA have revised their rules for continuing professional education.

By Daniel Hood
Editor-in-chief

December 20
Audit

PCAOB plans more, wider inspections in 2024

The board released a staff report outlining its inspections plans and highlighting key risks.

By Daniel Hood
Editor-in-chief

December 20
AT Think The early bird gets the ESG opportunities

Firms that early-adopt ESG will be better positioned to deliver these services when they reach full market demand.

December 20

Donny Shimamoto

IntrapriseTechKnowlogies LLC
AT Think Cracking the code: BOI and trusts for accountants

The imminent arrival of beneficial ownership information reporting raises questions about indirect control, such as through trusts.

December 20

Matthew Erskine

Erskine & Erskine LLC
Accounting standards

FASB proposes guidance on conversions of convertible debt instruments

Stakeholders have until March 18 to comment on the proposed accounting standards update.

By Daniel Hood
Editor-in-chief

December 19
FASB

FASB releases GAAP, SEC taxonomies

The SEC is expected to approve the taxonomies in early 2024.

By Daniel Hood
Editor-in-chief

December 18

Resources

The latest Accounting Today research and discussion:

Practice management

Accounting

Workforce management

Employee retention

Recruiting
The future of the accounting workforce

By Daniel Hood

April 27
eBook Bookkeeping onboarding in 2026: The strategic playbook for CPA firms

CPA firm owners & partners: Cut onboarding rework by 30–50%. Download the 2026 Bookkeeping Onboarding Playbook. Free.

Partner Insights from Datamatics Business Solutions Ltd.
Special Report Special Report: The AI-Enabled Accountant

Artificial intelligence won't put accountants out of business; accountants who use AI will put those who don't out of business. And that means firms need to be integrating it into their workflows, skillsets and strategic plans.

Sponsored by Digits

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.