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.

Practice management

Deloitte taps Ucuzoglu as next global CEO

Deloitte Touche Tohmatsu's board selected the Deloitte US CEO as global CEO, subject to a ratification vote by member firm partners.

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

November 1
AT Think From rearview to future view: FP&A services

Financial planning and analysis can be the core of a strong new set of advisory services.

November 1

Jody Padar

"The Radical CPA"
Accounting standards

IASB amends standards for long-term debt covenants

The International Accounting Standards Board hopes to improve the information provided by companies about their debts.

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

October 31
Technology

Johnson: Firms increasingly divided over tech

In this installment of the Frontier, CPA.com's Kacee Johnson talks about a polarization within the industry over technology.

By Chris Gaetano
Technology Editor

October 31
Audit

AICPA and CIMA offer resources for organizations facing single audits

Many companies have benefited from federal government relief programs and will be subjected to single audits for the first time.

By Juliette Gaudemer
Senior Reporter

October 28
SEC

SEC cracks down on excessive executive pay

The Securities and Exchange Commission adopted rules this week requiring public companies to claw back erroneously awarded incentive-based compensation received by their current or former executives only months after issuing a set of rules on pay versus performance.

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

October 28
Career moves

NCCPAP installs new board

The National Conference of CPA Practitioners announced its 2022-2023 leadership, and gave its Gold Award to past president Neil Fishman.

By Daniel Hood
Editor-in-chief

October 27

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.