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.

Lawsuits

Appeals court breathes new life into Corporate Transparency Act

A federal appeals court reversed a lower court decision involving the Corporate Transparency Act, finding it to be constitutional, although it remains on hold.

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

December 18
PCAOB

PCAOB names acting chief economist, OERA director

The Public Company Accounting Oversight Board appointed Erik Durbin as acting chief economist and director of its Office of Economic and Risk Analysis.

By Paige Hagy
Reporter

December 18
Practice management

Andersen Group shares gain 47% after $176M IPO

The U.S. arm of the professional services firm that succeeded the shuttered accounting giant Arthur Andersen rallied 47% in its trading debut.

By Bloomberg News

December 18
AT Think In the blogs: Thinkin' about tomorrow

No expertise needed; losing Trump benefits; excise taxes can't replace property taxes; and other highlights from our favorite tax bloggers.

December 17

Jeff Stimpson
Technology

Wolters Kluwer plans to launch advisory platform

Wolters Kluwer announced plans to launch a new platform specifically for accounting firms transitioning from compliance-based work to an advisory-first model.

By Chris Gaetano
Technology Editor

December 17
Practice management

ConvergenceCoaching turns 25

The national accounting consulting firm founded by Jennifer Wilson and James Metzler celebrated its 25th anniversary.

By Paige Hagy
Reporter

December 17
Audit

PCAOB signs pact with Cypriot audit overseer

The Public Company Accounting Oversight Board has reached a deal with the Cyprus Public Audit Oversight Board.

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

December 17

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.