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.

M&A

CSH acquires Strategic HR

Clark Schaefer Hackett, a Top 100 Firm based in Cincinnati, has bought a human resources outsourcing firm also based there.

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

May 3
ESG

Sustainability accounting: ‘The biggest disrupter’

A look inside the growing demand for assurance services for ESG reporting.

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

May 3
Audit

IESBA revamps auditor independence ethics rules

The International Ethics Standards Board for Accountants has revised its ethics standards to safeguard auditor independence for non-assurance services and associated fees.

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

April 29
Philanthropy

Illinois CPA Society names 2021 Outstanding Leaders

The society honored professionals across a wide range of categories, including Women to Watch, Lifetime Achievement, Advancing Diversity and more.

By Sean McCabe
Senior Editor

April 28
AT Think A foundation for the future firm

Accounting practices are going to face a greater need for a range of different types of investment in the near future.

April 28

Daniel Hood

Accounting Today
AT Think Bridging the ESG reporting gap to meet the Paris climate agreement

A group organized by the United Nations has already come up with a global framework of sustainability standards.

April 27

Madelyn Antoncic

Global Algorithmic Institute
Accounting software

Botkeeper partners with Xero

Xero client data can now be fed into Botkeeper's bookkeeping platform for reconciliation.

By Ranica Arrowsmith
Technology Editor

April 27

Resources

The latest Accounting Today research and discussion:

GASB

Accounting

Accounting standards
The changing world of government financial reporting

By Daniel Hood

May 11
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

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.