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.

Tax

NATP adds two credentials for tax pros

The National Association of Tax Professionals unveiled Accredited Individual Tax Professional and Advanced Accredited Individual Tax Professional credentials.

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

August 14
AT Think SEC has a new accounting enforcement unit. What should you do?

The team of attorneys and accountants' job is spotting when financial reporting crosses from aggressive into misleading.

August 14

Richard Chambers

AuditBoard
CSR reporting

Dispute over counting forest carbon roils global standard-setter

A scientist resigned from the World Resources Institute amid disagreement over how to tally forest carbon in accounting rules from Greenhouse Gas Protocol.

By Bloomberg News

August 13
AT Think What happens when an overseas client isn't paid?

An overdue foreign invoice starts two clocks: one for financial reporting and one for recovery. Accountants can keep both moving.

August 12

Lars Holdgaard

Debitura
Accounting standards

New chairs named for IASB, IFRS Foundation

The International Financial Reporting Foundation named Steven Maijoor as the next chair of the IFRS Foundation Trustees, and Sam Woods as chair of the International Accounting Standards Board.

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

August 11
Practice management

UHY strengthens CAS practice

UHY acquired Michigan CFO Associates in Clinton Township, Michigan, expanding the Top 50 Firm's advisory capabilities.

By Paige Hagy
Reporter

August 11
Accounting standards

FASAB seeks new executive director

The Federal Accounting Standards Advisory Board is looking for a new leader to succeed its current executive director, Monica Valentine, who plans to retire at the end of this year after over 35 years at FASAB.

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

August 10

Resources

The latest Accounting Today research and discussion:

How Zoho Practice can help your firm thrive

This eBook explores how Zoho Practice can help your firm thrive. It fosters collaboration, eliminates inefficiencies, and empowers you to deliver exceptional service to your clients.

Partner insights from Zoho
Special Report Top Tools for CAS

For firms with CAS practices, providing additional higher-level service offerings, meeting the shifts in client expectations, and rethinking how they operate and serve those clients is only part of the equation.

Sponsored by Hub Analytics
Accounting firm services

Client strategies

Practice management

CAS
Are you offering what clients value?

By Daniel Hood

March 24

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.