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 Visible Expert: The secret weapon for success

The world of accounting can be a harsh environment. How do you stand out in a crowded field?

December 30

Lee Frederiksen

Hinge
Coronavirus

The Top 100 People: Remaining relevant

Accounting's most influential share what's top of mind for them this year.

December 30
Accounting firm services

The biggest stories in accounting for 2020

The pandemic reshaped the profession throughout the year — and will continue to do so in 2021.

By Daniel Hood
Editor-in-chief

December 29
AT Think Choice of entity from an asset protection point of view

Most accountants who help clients with the choice of entity focus on the tax aspects. But in order to help clients make fully informed decisions, “personal” asset protection should be considered.

December 29

Roccy DeFrancesco

Asset Protection Society
AT Think Metcalfe’s Law for CPAs

Don’t underestimate the power of your network.

December 29

Kyle Walters

L&H CPAs and Advisors
IMA

IMA sees growth in 2020 despite coronavirus upheaval

The Institute of Management Accountants reported record growth in 2020 despite the impact of the COVID-19 pandemic on the accounting profession.

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

December 24
AT Think FASB: Don’t make big changes to the lease standard

While organizations would like to see improvement, the consensus is that big updates could make future implementations more confusing.

December 24

Ane Ohm

LeaseCrunch

Resources

The latest Accounting Today research and discussion:

Predicting the next 15 years in accounting

Take a look at what the accountant and the accounting firm of the future will look like with AICPA chief Mark Koziel.

Sponsored by BILL
The changing world of government financial reporting

The serious new pressures facing governments of all sizes are changing their financial reporting, says GASB Chair Joel Black.

Sponsored by Intuit Quickbooks
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

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.