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.

Diversity and equality

2022 Top 100 People extra: Improving the profession

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What is one thing you would like to change about the accounting profession?"

December 29
Tax

The top 15 stories of 2022

From firm splits and the entry of private equity into the field to ESG and the war for talent, these are the biggest developments in tax and accounting over the past 12 months.

By Daniel Hood
Editor-in-chief

December 28
AT Think The pipeline includes the present

While looking for future CPAs, don't forget those who are struggling to pass the exam now.

December 28

Amber Setter

Conscious Public Accountants
Corporate ethics

IESBA advances sustainability and ethics standards for accountants

The International Ethics Standards Board for Accountants is focusing more on sustainability-related issues.

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

December 23
SEC

The SEC's crypto crackdown is just getting started after FTX blowup

"Proof of reserves is neither a full accounting of the assets and liability of a company, nor does it satisfy segregation of customer funds under the securities laws," said SEC chair Gary Gensler.

By Allyson Versprille
Tax reporter

December 23
Audit

PCAOB sanctions six audit firms

Plus, the Institute of Internal Auditors expressed serious concerns about a recent board proposal on audit confirmations.

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

December 22
AT Think Turn to technology to make tax audits less painful

As 2023 comes into view, the specter of 87,000 new IRS employees has gotten the attention of accountants and bookkeepers — as well as small and midsized business owners.

December 22

Jim Conroy

The Neat Company

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.