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.

Philanthropy

Withum interns volunteer for National Intern Day

Young accountants from the Top 100 Firm volunteered 225 hours at local organizations and nonprofits across the United States.

By Juliette Gaudemer
Senior Reporter

August 15
AT Think Art of Accounting: Client advisory services goldmine

Most of your clients need added services. Your ability to capture those revenues will depend on your ability to show the client the value they will receive.

August 14

Edward Mendlowitz

Withum
Audit

PCAOB hits multiple firms with sanctions

The board continues its aggressive approach to oversight, announcing several hundreds of thousands of dollars in penalties on several auditors in a single week.

By Daniel Hood
Editor-in-chief

August 14
Audit

IAASB aims to provide global assurance rules for ESG

The head of the board views the recently proposed standard for sustainability reporting assurance as a way to make those reports more verifiable.

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

August 11
Audit

Deloitte resigns as Adani's ports auditor after flagging concerns

The move may heighten concerns about accounting quality at the Indian conglomerate targeted by short seller Hindenburg Research.

By Bloomberg News

August 11
AT Think Uniting accountants to salute the troops

The Accountants Salute the Troops campaign is bringing the profession together to increase awareness of the USO's mission and raise much-needed funding to support the men and women of our military.

August 10

J.D. Crouch

USO
Accounting students

High schoolers explore accounting with MassCPAs

The Massachusetts Society of CPAs hosted the Accounting Careers Exploratory leadership program for 26 high school students in partnership with Suffolk University.

By Juliette Gaudemer
Senior Reporter

August 9

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.