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.

Technology

KKR wants more than $2.7B for MYOB in talks, sources say

KKR is seeking a valuation of more than $2.7 billion in a potential sale of the accounting software maker to Australia & New Zealand Banking Group, according to people familiar with the matter.

By Bloomberg News

July 12
AT Think A more intelligent digital transformation for AP

These three approaches will help organizations streamline their accounts payable.

July 12

Anthony Macciola

ABBYY
AT Think Art of Accounting: Extra-close scrutiny of engagements

It is important for strategic advisors to concentrate on the big picture. However, sometimes we need to look closely at the details.

July 11

Edward Mendlowitz

Withum
Donald Trump

Trump ordered to hand over accounting records to House committee

Former President Donald Trump must hand over financial records to a Congressional committee investigating his potential conflicts of interests.

By Sabrina Willmer

July 11
Certified Management Accountants

Top pros and cons of being a management accountant

A career in the field won’t be completely free of any downsides, but that will be the case in most industries.

By Nathan Liao
Founder

July 8
Accounting standards

GASB sets guidelines on notes to financial statements

The board released a concepts statement to guide GASB when mandating note disclosure requirements for state and local governments.

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

July 7
Accounting students

OSCPA gives $54K in scholarships to Oklahoma accounting students

Scholarships ranging from $500 to $4,000 went to 43 accounting students across the state.

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

July 7

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.