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

COSO offers guidance on internal controls over ESG reporting

The committee released a study Thursday on how to apply its widely used internal control framework to sustainability reporting.

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

March 30
ESG

GRI calls for due diligence in sustainability reporting

The Global Reporting Initiative released a report urging companies to take a due diligence approach in their sustainability efforts.

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

March 29
Tax

FASB changes accounting for tax credit investments

The board released an update to improve how companies disclose investments in tax credit structures by letting them use proportional amortization.

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

March 29
Accounting students

CAQ and Everfi launch accounting education DEI program

The CAQ and Everfi celebrate the launch of a digital curriculum designed to attract more diversity into the accounting profession.

By Juliette Gaudemer
Senior Reporter

March 29
AT Think The art and science of business transition

What Vincent Van Gogh and Carl Sagan can tell us about advising business owners.

March 29

Gil Bean

ExitSmarts, Inc.
Audit

Global regulators back developing sustainability standards

IOSCO is encouraging the development of a more global assurance framework for sustainability-related corporate reporting.

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

March 28
Tax

Filing season: 'Business as usual'

'So far, so good,' say many practitioners about this year's tax season — but they're not letting their guard down.

By Roger Russell
Senior Editor

March 28

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.