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.

ESG

SVB exposes 'lazy' ESG funds

Another market meltdown, and another costly lesson for ESG, as hundreds of funds bought into the doomed bank.

By Alastair Marsh and Saijel Kishan

March 14
Financial reporting

Credit Suisse finds 'material' control lapses after SEC prompt

The Zurich-based bank said it will take steps to fix ineffective checks on the process it follows to pull together its financial reports.

By Marion Halftermeyer

March 14
ESG

Companies leverage credits to meet emission goals

Businesses are using environmental credits, allowances and offsets to help meet greenhouse gas reduction targets, but the accounting rules around them are murky at best.

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

March 13
FASB

FASB celebrates 50th anniversary

The board is marking a half century of service and received a special proclamation from the mayor of Norwalk, Connecticut, where it is based.

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

March 13
Financial reporting

SVB's balance-sheet time bomb was 'sitting in plain sight'

A short seller says the problems that triggered the bank's death spiral were clear from the firm's earnings reports.

By Bloomberg News

March 12
Practice management

EY delays split amid contentious issues

The Big Four firm is pausing its plans to spin off its consulting side as a separate public company as it works to appease warring partner factions.

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

March 10
Payroll

311K jobs added in February, but accounting loses 500

The jobs numbers beat analyst expectations, but the unemployment rate rose two-tenths of a point to 3.6%.

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

March 10

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.