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.

Audit

China securities regulator sends new proposal on U.S. audits

China’s securities regulator said it has sent U.S. authorities a fresh proposal about co-auditing Chinese firms, days after Washington moved to tighten rules for stock listings from the Asian nation.

By Charlie Zhu and Evelyn Yu

August 11
PwC

PwC expands corporate managed tax services in response to coronavirus

PricewaterhouseCoopers has been building its managed tax services business since 2017, but now it sees an opportunity to help companies who are dealing with COVID-19.

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

August 10
Tax season

Time’s finally up: Preparers discuss how July 15 went

It was the best of times for some tax pros — and the worst for others.

By Jeff Stimpson
Freelance writer

August 7
Audit

U.S. moves to tighten audit and disclosure requirements for Chinese listings

A high-powered group of U.S. regulators said stock exchanges should set new rules that could trigger the delisting of Chinese companies, following mounting concerns that investors are being exposed to frauds.

By Saleha Mohsin and Jenny Leonard

August 7
AT Think How to meet changing client expectations

The changing times and an economy in constant flux are causing clients to shift expectations for their accounting firms.

August 7

Lee Frederiksen

Hinge
AT Think Accounting's new normal: Balance, relationships and flexibility

The COVID-19 pandemic flipped our working world on its head.

August 6

Kristen Keats

Breakaway Bookkeeping and Advising
RPA

Accountants leverage RPA amid coronavirus

Robotic process automation has been spreading across accounting and finance departments, according to an IMA report.

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

August 5

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.