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.

Audit

KPMG sued for $600M over alleged sloppy auditing

The claimants allege that KPMG “failed to maintain independence and an appropriate attitude of professional skepticism" in the insolvency of Dubai private-equity firm Abraaj Group.

By Bloomberg News

November 11
International accounting

IMA withdraws from conference over Myanmar issue

The institute joins two other groups in withdrawing because of the involvement of officials from Myanmar.

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

November 10
Accounting standards

FASB decides not to delay leases standard for private cos., nonprofits

The Financial Accounting Standards Board voted Wednesday against deferring the lease accounting standard for a third time for private companies and not-for-profit organizations.

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

November 10
AT Think The year-round accountant, a trusted partner for businesses

With today marking International Accounting Day, now is the time to remind clients just how much we have to offer outside of audits and tax compliance.

November 10

Timothy Ball

The Bonadio Group
Accounting standards

FASB considering delay in leases standard for private cos.

The board will be considering a proposal at a meeting Wednesday to postpone the standard for another two years.

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

November 9
International accounting

Acct'g groups pressed to withdraw from conference over Myanmar coup

CPA Australia and CA ANZ have withdrawn from an upcoming conference in Singapore due to the involvement of officials from Myanmar.

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

November 9
Tax

Advisors gaming out Democrats’ tax proposal for wealthy clients confront slippery, winding road

How advisors handle tax advice for their clients can depend on how large their firm is.

By Lynnley Browning
Managing Editor

November 9

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.