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.

Succession planning

NASBA starts search for CEO successor

The National Association of State Boards of Accountancy has commenced its search for a new president and CEO to succeed longtime leader Ken Bishop.

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

November 28
Accounting standards

FASB offers segment reporting guidance

A new final accounting standards update from FASB aims to improve public companies' disclosures about their reportable segments and expenses.

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

November 27
Practice management

PwC cuts 2% of Canadian workforce

Sustained high interest rates are pushing Canada toward a recession.

By Ari Altstedter
Reporter

November 27
Tax

Tax pros: The IRS may be calling you

The service is conducting a random survey of practitioners Nov. 27-Jan. 19.

By Jeff Stimpson
Freelance writer

November 24
AT Think Navigating the complexities of CPA firm mergers

Accounting firms are increasingly looking to M&A as avenues for expansion and improved service offerings.

November 21

Zana Tomich

Dalton & Tomich
AT Think Compensation and beyond: New ways to recruit and retain

The AICPA & CIMA's 2023 MAP Survey points the way to winning strategies in the war for talent.

November 20

Carl Peterson

AICPA & CIMA
Accounting fraud

Americanas accounting fraud was $1B bigger than suspected

Revised financial statements mark an attempt to "turn the page" for the scandal-struck Brazilian retailer

November 17

Resources

The latest Accounting Today research and discussion:

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
The changing world of government financial reporting

The serious new pressures facing governments of all sizes are changing their financial reporting, says GASB Chair Joel Black.

Sponsored by Intuit Quickbooks
Special Report Technology and CAS

Handling the compliance work that is the foundation of modern CAS while also creating time and insights for the advisory overlay that really drives its value to clients requires the careful deployment of a suite of technology tools — and that suite is constantly evolving, meaning accountants need a strategy to keep up.

Sponsored by Canopy

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.