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 Budgeting advice for accountants for 2021

Given the turbulence of the past year, agility should be at the forefront of our minds when building a budget and strategy for 2021.

January 20

Helen Braswell Kakouris

VaroTeam
Paycheck Protection Program

CPA firms: It’s time to reset your approach to PPP

Here are five ways the latest round of the Paycheck Protection Program is different.

By Erik Asgeirsson
President and CEO

January 19
Tax season

New twists on an old tool: Tax pros revamp organizers

Digital formats and a host of pandemic-related questions are transforming this traditional tool.

By Jeff Stimpson
Freelance writer

January 19
Accounting fraud

‘Finish them’ email pressures Deutsche Bank board member

A member of Deutsche Bank AG’s supervisory board faced criticism from lawmakers and the bank itself for suggesting that Wirecard AG go after journalists that had written critical stories about the since-collapsed payments company.

By Steven Arons and Karin Matussek

January 15
AICPA

Individual CPAs can apply for .cpa domains now

The use of a .cpa domain allows practitioners to strengthen their brand identity in online communications and provides better security and resistance to Internet fraud, such as phishing and spoofing.

By Ranica Arrowsmith
Technology Editor

January 15
Paycheck Protection Program

SBA reopening PPP to lenders Friday

The U.S. Small Business Administration plans to reopen the Paycheck Protection Program to small lenders on Friday and to all lenders next Tuesday.

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

January 14
IMA

IMA CEO sees 6 ‘megatrends’ for accountants this year

Institute of Management Accountants president and CEO Jeff Thomson is predicting six major developments in the finance and accounting profession this year.

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

January 13

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.