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.

International accounting

Juventus shares slump after ranking penalty for false accounting

Italy's football federation penalized the billionaire Agnelli family's team by cutting its points standing following an investigation into accounting practices.

By Bloomberg News

January 23
Audit

Sequoia considers auditing South Asia investments as lapses rise

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.

By Bloomberg News

January 23
AT Think Where's the money?

As recession fears whip up, CFOs and other business leaders seek greater clarity around cash flow.

January 20

Patrick Villanova

BlackLine
International accounting

Vanished $4B brings down century-old retailer

Hours after revealing a scandal, Sergio Rial attempted to explain the accounting gap that pushed him to quit his new job at the helm of Americanas.

By Cristiane Lucchesi

January 20
Technology

Tech News: Trullion releases revenue and audit modules

Plus, one step closer to Skynet, other news and updates from the accounting technology arena.

By Chris Gaetano
Technology Editor

January 20
Tax

Legal platform Rocket Lawyer launches tax prep

The new Rocket Tax offering pairs taxpayers with CPAs or EAs to prepare their returns.

By Jeff Stimpson
Freelance writer

January 19
Tax

FASB approves tax credit amortization change

The board voted to approve an update that would enable more companies to opt for a proportional amortization accounting method for their tax credit investments.

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

January 19

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.