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 income statement disclosure changes

The board proposed an ASU Monday to give investors more information about a company's expenses.

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

July 31
Practice management

What CAS looks like

New research from Accounting Today offers a clear picture of the evolution of client accounting/advisory services practices.

By Daniel Hood
Editor-in-chief

July 31
ESG

EU climate rules align with ISSB and GRI standards

The European Commission adopted the European Sustainability Reporting Standards on Monday; they will take effect in 2024.

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

July 31
ESG

EU companies get ESG rules aimed at climate risks

Tens of thousands of companies operating in Europe face new requirements to report their operations' climate impact.

By Frances Schwartzkopff
Reporter

July 31
Accounting standards

Banks to limit carbon accounting in stock, bond sales

A majority of an industry working group voted to exclude two-thirds of the emissions linked to their capital markets businesses. The accounting standard won't be mandatory.

By Bloomberg News

July 31
Audit

PCAOB sanctions firms over audit committee communications

The board disciplined five auditing firms for violating its rules and standards when communicating with audit committees.

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

July 28
Accounting standards

New members sought for FASAC

The Financial Accounting Foundation is looking for candidates to join the council that advises FASB.

By Daniel Hood
Editor-in-chief

July 28

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.