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.

AT Think Leading business owners to the exit

Clients need to start planning for a potential sale of their business now.

September 2

John P. Napolitano

Napier Financial
KPMG

KPMG accused of giving U.K. regulator ‘false and misleading’ data

The FRC filed a disciplinary complaint against KPMG LLP, a former partner and current and former employees over their role in past audits of two companies.

By Karin Matussek and Ellen Milligan

September 1
Tax

IRS regulation of tax preparers gains steam

Legislation is on track to give the service the authority it needs, with tax pro groups supporting it.

By Roger Russell
Senior Editor

August 31
AT Think Governments exploit GAAP fund accounting loopholes

Government budgets are prepared with “wild, wild west” accounting rules.

August 27

Sheila Weinberg

Truth in Accounting
Financial reporting

Peloton tumbles on downbeat forecast, accounting problem

The fitness company warned that a price cut would hurt its bottom line, and that it found a problem with the way it accounts for inventory.

By Mark Gurman
Reporter

August 27
AT Think How advisory services are transforming accounting

Most firms pivoted to giving valuable advice during the pandemic, but only some of them got paid for it.

August 25

Elizabeth Beastrom

Thomson Reuters Tax, Audit & Accounting Professionals
EY

U.K. fines Ernst & Young over audit failings

The Big Four firm was fined a reduced penalty of about 2.2 million pounds ($3 million) due to mitigating circumstances.

By Karin Matussek
Reporter

August 25

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.