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.

Financial reporting

WH Smith CEO resigns after accounting probe

An accounting error forced the British retailer to cut its profit outlook in North America for a second time, prompting Carl Cowling's departure.

By Katie Linsell

November 19
Technology

Despite AI investments, 88% rely on manual processes

Audit and advisory leaders are working to implement AI solutions, but major hurdles mean that most professionals remain largely dependent on manual processes.

By Chris Gaetano
Technology Editor

November 18
Accounting standards

Islamic finance body delays rule shift after investor warnings

The Accounting and Auditing Organization for Islamic Financial Institutions is holding talks with stakeholders on planned changes to rules for sukuk securities.

By Srinivasan Sivabalan

November 18
AT Think Combat fraud in business valuations

When valuing a company, a valuation analyst can play a critical role in identifying potential fraud risks and assessing whether management has implemented adequate measures.

November 17

Hubert Klein

Eisner Advisory Group LLC
Marijuana industry

Safe Harbor launches platform for cannabis industry

Safe Harbor, a fintech serving cannabis and hemp operators, launched a platform with bookkeeping, payroll and CFO support.

By Paige Hagy
Reporter

November 17
Technology

Tech news: Sage touts new features for Sage Intacct

Plus, TaxDome announces free bookkeeping hub; Qount announces UX/UI redesign; and other accounting tech updates.

By Chris Gaetano
Technology Editor

November 14
Accounting education

AAM names board members

The Association for Accounting Marketing announced new board members.

By Paige Hagy
Reporter

November 14

Resources

The latest Accounting Today research and discussion:

FASB

Accounting standards

Financial reporting
The rev rec standard is here

January 8
Compliance

Corporate ethics

Accounting standards
Are you ready for NOCLAR?

By Daniel Hood

January 8
FASB

Accounting standards

Financial reporting
Leasing: The next frontier

By Daniel Hood

January 2

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.