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.

CPAs

ConvergenceCoaching, NYCPA launch leadership program

The program, designed for young accountants, begins September 24 and includes six virtual sessions worth 12 CPE credits.

By Paige Hagy
Reporter

September 12
Audit

PCAOB offers advice for broker-dealer auditors

The PCAOB staff continues to see deficiencies related to the review procedures required by Attestation Standard No. 2.

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

September 11
Accounting standards

White House proposes to get rid of 60 accounting requirements for contractors

The White House is proposing to eliminate dozens of accounting requirements for federal contractors it considers "unnecessary and redundant."

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

September 11
AT Think Hurricane Katrina: An accountant looks back

When people think of the public accounting profession, they often don't realize that what we do can have a monumental impact on people's lives.

September 11

Tim Bender

CohnReznick
Accounting standards

SEC chair threatens IFRS recognition

Paul Atkins warned the SEC might eliminate a rule that allows multinational companies to avoid reconciling their IFRS financials with U.S. GAAP.

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

September 11
Practice management

Deloitte US asks India staff to return to office two days a week

The new rule becomes effective starting Oct. 1 for employees at the firm's seven offices that help clients or provide back-office support across the country.

By James Booth
Vice president and head of partnerships for EMEA

September 10
AT Think How AI is exposing the cracks in professional development

The fourth industrial revolution isn't just changing what accounting and finance professionals do — it's revealing how fundamentally broken professional development has become.

September 10

Travis Willard

Institute of Management Accountants

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.