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 fraud

Thailand taps Interpol to catch exec fleeing acct'g scandal

The former head of a Thai industrial cable maker at the center of an accounting scandal and debt defaults has been flagged by local authorities seeking to arrest him.

By Anuchit Nguyen

July 21
AT Think The role of AI in accounting education

ChatGPT provides an opening for educators to use artificial intelligence to help address the pipeline problem.

July 21

Sean Stein Smith

Lehman College
Practice management

Baker Tilly global CEO sees growth across network

CEO Francesca Lagerberg has been overseeing growth at a time when some of its Big Four rivals are retrenching on their staff numbers.

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

July 19
International accounting

Former Wirecard COO sends sign of life three years after vanishing

Jan Marsalek was a key figure at Wirecard before its implosion in an accounting scandal in June 2020.

By Karin Matussek
Reporter

July 19
Divorce

Forensic accountants aid suspicious spouses in divorces

These experts aren't only helping businesses and investors uncover fraud — they also can help people who are going through a divorce trace assets.

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

July 18
Audit

Key audit matter disclosures point to greater financial distress

The more KAMs disclosed in an audit report, the higher the distress level of a company, according to a new study

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

July 18
Work from home

Nonprofits benefit from remote accountants

Despite the return to the office following the easing of the COVID pandemic, some accountants who work with nonprofit organizations are still working remotely as well.

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

July 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.