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.

KPMG

KPMG participates in 700 volunteer activities for Community Impact Day

KPMG employees donated their time to over 475 nonprofits for the firm's second Community Impact Day, an annual volunteer day of community service.

By Juliette Gaudemer
Senior Reporter

August 9
AT Think Creativity and closing the accounting talent gap

Firms need to engage in a systemic overhaul of how they pull individuals toward the profession, keep them in it, and use them as advocates to bring others into the space.

August 9

Erika Duncan

UHY Advisors
Audit

Business groups oppose PCAOB's NOCLAR standard

Several prominent trade groups are objecting to the board's proposed changes in auditing standards related to noncompliance with laws and regulations.

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

August 8
Tesla

Tesla's new CFO: Two jobs and a lot of question marks

Vaibhav Taneja, already has a hefty gig serving as the company's chief accounting officer.

By Dana Hull
Reporter

August 8
Accounting education

AICPA, NASBA team with Tulane to ease CPA licensing

The organizations are piloting a program to make it easier for accounting students to earn 150 credit hours.

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

August 7
International accounting

CIMA and CPA Canada ink reciprocal membership pact

The Chartered Institute of Management Accountants and the Chartered Professional Accountants of Canada signed a memorandum of understanding.

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

August 4
PCAOB

Advisory board members sought for PCAOB

The board is looking for nominations for new members of its Investor Advisory Group and its Standards and Emerging Issues Advisory Group.

By Daniel Hood
Editor-in-chief

August 4

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.