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.

Janet Yellen

Yellen warns Treasury may run out of cash by June

The Treasury Secretary said her department's ability to use special accounting maneuvers to stay within the federal debt limit could be exhausted soon.

By Bloomberg News

May 2
Associations

NJCPA names its next CEO

Aiysha Johnson will take the helm at the state society at the end of June, succeeding Ralph Thomas.

By Daniel Hood
Editor-in-chief

May 1
AT Think Valuing and accounting for cryptocurrency

Crypto can be subject to major price volatility that is inconsistent with cash or a cash-equivalent treatment.

May 1

John Carney

BakerHostetler
Succession planning

MassCPAs plans CEO transition

Longtime president Amy Pitter will retire Dec. 31 and be succeeded by deputy CEO Zach Donah.

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

May 1
AT Think Reviewing AI-generated answers: A new revenue segment for accountants?

'Would you like your answer to be reviewed and verified by a tax professional for only $5?'

April 28

Hitendra Patil

Accounteneur
AT Think Accountants weigh in on the 150-hour question

Sue Coffey of the AICPA and other members of the profession share their thoughts on the education requirement for CPAs.

April 27
Audit

SEC steps up accounting and auditing enforcement

Enforcement actions increased 55% in 2022, although total monetary settlements were down more than 60%.

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

April 27

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.