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.

Career advancement

6 tips for interviewing at a new firm

The more you prepare, the greater your chances of impressing your interviewers and getting a job offer.

By Nathan Liao
Founder

November 17
IFAC

IFAC elects new president from Morocco

The International Federation of Accountants named Asmâa Resmouki of Morocco as its first president from the Middle East and Africa and its third female president, to serve a two-year term.

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

November 16
Technology

Grant Thornton launches change management app

The Top 10 Firm released its empower.x app, which helps facilitate organizational transformations.

By Chris Gaetano
Technology Editor

November 16
GASB

GASB proposes implementation guidance on leases, subscription-based tech and more

The Governmental Accounting Standards Board issued proposed implementation guidance in the form of questions and answers to clarify different pronouncements.

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

November 15
Accounting standards

Edward Bernard elected chair of FAF

The financial industry veteran will be overseeing the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

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

November 15
Fraud

Trump wins dismissal of niece Mary's 2020 fraud lawsuit

New York Supreme Court Justice Robert Reed on Monday ruled that Mary Trump waived her right to sue her uncle and aunt, former federal judge Maryanne Trump, in a 2001 settlement.

By Erik Larson
Reporter

November 15
Fraud

Trump firm's fraud trial sees drama as witness declared hostile

The criminal tax fraud trial of two Trump Organization companies saw some drama — and a win for the prosecution.

By Patricia Hurtado and Greg Farrell

November 15

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.