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.

Boutiques

Riches in Niches: Seeing the truth through numbers

Texas-based Sage Investigations digs deeper to help clients find and expose fraud, embezzlement, theft — and worse.

By Juliette Gaudemer
Senior Reporter

March 21
AT Think The 150-hour rule is not the problem

Blaming the educational requirement ignores the many harsh realities in accounting.

March 21

Gary Bolinger

Oodles -- The Complete Advisory Solution
State budgets

States' rainy-day funds surge in promising sign

Balances in rainy-day funds hit all-time highs in 37 states by the end of the 2022 fiscal year. That's the biggest tally in over two decades.

By Bloomberg News

March 20
Government accounting

$3.5B accounting error gets SC comptroller in hot water

Richard Eckstrom told lawmakers he had unintentionally exaggerated the state's cash position by $3.5 billion.

By Danielle Lee
Editor-in-Chief

March 17
Audit

China hits Deloitte with big fine, closes Beijing office

The Ministry of Finance said it found 'serious audit deficiencies' in the Big Four firm's audits of Huarong of troubled bad-debt manager Huarong.

March 17
Practice management

The 5 pillars of a high-growth ESG practice

This handful of elements is critical to effectively and profitably serving clients environmental, social and governance needs.

By Andries Verschelden
Co-founder and CEO

March 17
Accounting students

CLA launches high school internship program

The Top 10 Firm announced a new summer internship program for high school students to gain leadership and career opportunities.

By Juliette Gaudemer
Senior Reporter

March 16

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.