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.

CPA Exam

Oklahoma loosens CPA requirements

Candidates can now sit for the CPA exam with 120 credit hours, but still need 150 to actually get a license.

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

April 21
Economic indicators

Economic confidence improves for accountants

Finance professionals felt a little more upbeat about the world economy in the first quarter of the year, according to a recent survey.

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

April 20
ESG

ISSB preparing to go beyond climate

The board plans to open discussion for future priorities on biodiversity, human capital, human rights and integration in reporting.

By Chris Gaetano
Technology Editor

April 19
Accounting education

Raising accounting awareness at NYC high schools

The Deloitte Foundation has provided a grant to Urban Assembly to expand access to financial accounting education for high school students.

By Juliette Gaudemer
Senior Reporter

April 19
Accounting fraud

Ex-Steinhoff CEO fails to show up for German criminal trial

The trial of Markus Jooste was halted on day one after he was unable to leave his home country South Africa.

By Karin Matussek and Janice Kew

April 19
Practice management

EY cuts 3,000 jobs in U.S. after failed global split

The Big Four firm announced layoffs of 5% of its staff only days after calling off plans to spin off its consulting practice.

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

April 18
ESG

COSO guidance helps with ESG and internal controls

Recently released guidance can help with establishing effective internal controls over such reporting.

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

April 18

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.