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.

Practice management

The Leadership Files: Michelle Thompson

The CEO of Top 50 Firm Cherry Bekaert advises accounting leaders to listen carefully — and keep pushing, no matter what happens.

By Juliette Gaudemer
Senior Reporter

May 30
Practice management

New ownership reporting requirements come into focus

Small businesses may be impacted most by rules requiring them to disclose who's really in charge.

By Roger Russell
Senior Editor

May 30
Payroll

Pay growth slowed at small businesses in May

Hourly earnings growth for U.S. workers decelerated to 4.33% in May, while small business job growth declined slightly by 0.04% from April, Paychex reported.

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

May 30
AT Think Time-consuming government-reporting requirements on the horizon

The pace of issuance and implementation of new GASB statements continues to accelerate.

May 30

Jack Reagan

UHY Advisors
Audit

Australia to examine use of PwC as auditor amid scandal

The Big Four firm has been under fire following revelations that a former senior partner leaked secret information on tax policy to colleagues.

By Bloomberg News

May 30
AT Think Art of Accounting: Memorial Day

This Memorial Day, take some time away from your festivities to say a prayer for the brave men and women who lost their lives so we could enjoy the festivities we are a part of today.

May 29

Edward Mendlowitz

Withum
Practice management

Practice Profile: TikTok boom — and busts

Christian Rivera's E-commerce Accountants is constantly pivoting to best serve its niche market of online sellers and influencers

By Danielle Lee
Editor-in-Chief

May 26

Resources

The latest Accounting Today research and discussion:

Beyond the Buzz: Moving from AI Hype to Meaningful Impact

Weaving AI into client records, workflows, documents, and billing allows accounting firms increase to by offering client accounting services. Learn why an integrated platform outperforms standalone accounting solutions.

Partner Insights from Canopy
Beyond Research: Unlocking Hidden Value from AI

Generative AI adoption among accounting firms doubled in just one year. But many firms are barely scratching the surface, using AI primarily for tax research rather than to reimagine workflows

Partner Insights from Thomson Reuters
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

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.