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.

EY

Ernst & Young reports global revenue grew 4.1% despite coronavirus

EY earned a record $37.2 billion in the fiscal year ending June 30.

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

September 10
AT Think Transforming your firm in a market disrupted by COVID-19

Accounting professionals who embrace a willingness to adapt are the ones more likely to emerge successfully from today’s volatile market.

September 9

Chris Panebianco

BHG
AT Think Growing wealth management in a pandemic

The right communication strategy and strong deliverables are key.

September 9

John P. Napolitano

Napier Financial
AT Think Empowerment in audit

It doesn’t need to be an oxymoron.

September 9

Alan Anderson

Accountability Plus
PCAOB

PCAOB adds projects on auditor independence and audit evidence

The Public Company Accounting Oversight Board updated its research and standard-setting agendas.

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

September 8
AT Think A better analytic for measuring students’ potential to pass the CPA Exam

The CPA Success Index estimates students’ progress toward completing all four parts of the exam in 18 months.

September 3

Charles Davis, Timothy Lindquist and Joseph Ugrin

Baylor University and the University of Northern Iowa
International accounting

SEC probes Chinese education firm amid tighter U.S. scrutiny

GSX Techedu is the latest case of a U.S.-listed Chinese company facing greater scrutiny on accounting issues amid rising tensions.

By Daniela Wei
Reporter

September 3

Resources

The latest Accounting Today research and discussion:

Beyond the Buzz: Moving from AI Hype to Meaningful Impact

Weaving AI into client records, workflows, documents, and billing allows accounting firms increase to by offering client accounting services. Learn why an integrated platform outperforms standalone accounting solutions.

Partner Insights from Canopy
Beyond Research: Unlocking Hidden Value from AI

Generative AI adoption among accounting firms doubled in just one year. But many firms are barely scratching the surface, using AI primarily for tax research rather than to reimagine workflows

Partner Insights from Thomson Reuters
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

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.