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.

AT Think Addressing the accounting hiring crisis

What can the profession do to attract and retain talent, and encourage broader adoption by younger generations?

January 4

Ben Richmond

Xero
Accounting standards

Investing novices are calling the shots for $4T at U.S. pensions

While there are pension accounting standards, they allow plans to make more aggressive assumptions about how well they're funded than in the private sector.

By Bloomberg News

January 4
Payroll

Small business wage growth slipped in December

Hourly earnings growth slowed last month to its weakest level since March of last year.

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

January 3
AT Think Accountants must transform from number crunchers to trusted advisors

Modern businesses are looking for more holistic relationships with accountants who can offer increased support.

January 3

Phil Bernie

KeyPay
Practice management

CAS by the numbers

CPA.com's third CAS Benchmarking Survey offers a behind-the-scenes look at what a top client accounting/advisory services practice looks like.

By Daniel Hood
Editor-in-chief

December 30
Accounting fraud

Bookkeeper embezzles $29M from prominent Texas family

The 74-year-old bookkeeper wrote herself 175 checks over a decade from a number of the family's companies.

December 30
Diversity and equality

The 2022 Top 100 People: Making a change

Accounting's most influential share the one thing they would change about the profession.

By Danielle Lee
Editor-in-Chief

December 29

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.