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.

ESG

BlackRock joins Exxon in backing new CO2 accounting model

The Carbon Measures initiative will support the development of a ledger-based framework that is similar to what exists in traditional financial accounting.

By Alastair Marsh

October 22
Technology

NASBA redesigns CPA lookup tools

The National Association of State Boards of Accountancy has revamped its CPAverify.org and ALD.nasba.org websites with a new design and more features.

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

October 22
AT Think In the blogs: More than a trend

Using AI to teach accounting; CPAs and financial statements; TIGTA on joint returns; and other highlights from our favorite tax bloggers.

October 21

Jeff Stimpson
International accounting

IFAC opens doors to accounting with new principles

The International Federation of Accountants has released a set of principles with the goal of widening access to the accounting profession.

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

October 20
Accounting education

AICPA pushes to designate accounting as STEM program

The American Institute of CPAs is continuing efforts to have accounting recognized as a Science, Technology, Engineering and Math program by the government.

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

October 20
Financial reporting

B&M CFO exits after material accounting error

B&M European Value Retail SA Chief Financial Officer Mike Schmidt announced he'll step down after the company cut its guidance again due to an accounting error.

By Bloomberg News

October 20
AT Think CPA Success Index is DOA: NASBA's data no longer holds up

While combing through the 2024 data, we found large numbers of candidate scores to be missing, and potentially classified to incorrect colleges or universities, or not reported at all.

October 17

Joseph Ugrin

University of Northern Iowa

Resources

The latest Accounting Today research and discussion:

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.