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.

Donald Trump

Trump sued by New York over 'fraudulent' asset valuations

Attorney General Letitia James filed suit, naming Trump, the Trump Organization, and Donald Trump Jr., Ivanka Trump and Eric Trump.

By Erik Larson and Bob Van Voris

September 21
Practice management

EY global revenue increases to $45.4B

Ernst & Young reported a 13.7% revenue increase in U.S. dollars and 16.4% in local currency terms in fiscal 2022, the highest growth in nearly two decades.

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

September 21
Financial reporting

Tom Cruise, Sandra Bullock say Paramount is cheating them out of millions

Lawyers and agents have always bemoaned "Hollywood accounting," in which studios overstate costs and disguise profits so as not to share proceeds with financial partners.

By Lucas Shaw

September 21
Practice management

Citrin Cooperman acquires Murray Devine

The acquisition is the latest in a string of M&A deals since Citrin received private equity funding last fall.

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

September 20
ESG

Salesforce launches marketplace for carbon emission offsets

The company currently operates an emission accounting solution, Net Zero Cloud, which will be integrated with the new marketplace.

By Bloomberg News

September 20
Accounting standards

FASB mulls lease accounting standard change as it moves HQ

The Financial Accounting Standards Board is considering a change to address leases that are under the common control of related-party businesses.

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

September 19
Audit

PCAOB plans to update some long overdue auditing standards

Some of the standards were inherited two decades ago from the AICPA and don't take into account ever-changing technology.

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

September 16

Resources

The latest Accounting Today research and discussion:

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
Practice management

Accounting

Workforce management

Employee retention

Recruiting
The future of the accounting workforce

By Daniel Hood

April 27
eBook Bookkeeping onboarding in 2026: The strategic playbook for CPA firms

CPA firm owners & partners: Cut onboarding rework by 30–50%. Download the 2026 Bookkeeping Onboarding Playbook. Free.

Partner Insights from Datamatics Business Solutions Ltd.

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.