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 Pathways to Growth: Ready to grow? Get ready to consult!

Accounting firms need to leverage their pipelines and sales professionals for success.

January 28

Gale Crosley

Crosley+Company
IRS

Forms 2848 and 8821 are now online

Tax pros can now submit powers of attorney and tax information authorizations electronically.

By Jeff Stimpson
Freelance writer

January 26
Coronavirus

Accountants see chances of swift recovery slipping away

Amid a resurgence in COVID-19, accountants around the world are less confident in the chances of the economy bouncing back soon.

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

January 26
AT Think Will change make or break your firm?

Three strategies can help your firm stay ahead of the game in 2021.

January 26

Kyle Walters

L&H CPAs and Advisors
Wirecard

As Wirecard collapsed, key player fled by private jet to Belarus

A former senior executive at Wirecard AG escaped from Austria to Belarus on a private aircraft last year with the help of a secret-service agent and a far-right politician.

By Boris Groendahl
Reporter

January 25
SEC

SEC appoints acting chief accountant

The Securities and Exchange Commission tapped deputy chief accountant Paul Munter to become acting chief accountant when chief accountant Sagar Teotia leaves in February.

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

January 22
Biden Administration

Biden’s student loan freeze shows path to erase billions of debt

Thanks to vagaries of the accounting world, Donald Trump’s administration had a chance in the final weeks of the presidential race to cancel more than $200 billion of student loans with no immediate hit to the Department of Education’s massive portfolio. Yet it didn’t do it. Now, perhaps Joe Biden will.

By Shahien Nasiripour
Reporter

January 22

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.