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.

Donald Trump

Trump looking at Chinese cos. on U.S. exchanges that don’t follow accounting rules

The president acknowledged the move could prompt Chinese companies to move off of the NYSE and Nasdaq.

By Bloomberg News

May 14
AT Think The six levers of value creation

Professional services firms need to adopt a business catalyst mindset to drive value acceleration.

May 14

Marc Rosen

Client Experience Institute
AT Think Coronavirus’s impact on Q1 reporting and financial closing

As the world grapples with the escalating impact of the pandemic, a stark realization is now sweeping over accounting and finance teams — they’re the ones who have to figure out how countless uncertainties fit into their reporting and GAAP.

May 13

Clancy Fossum

Embark
AT Think Has coronavirus changed bookkeeping forever?

As businesses and employers make the sudden shift to agile working from home, how does this change their approach to maintaining their accounts?

May 13

Elizabeth Hughes

Pandle
EY

Local partners at EY in Netherlands asked to top up buffers

EY’s Dutch unit is asking its partners in the Netherlands to stump up funding to help it confront the blow to its business from COVID-19 measures.

By Bloomberg News

May 12
AT Think Practice growth in a pandemic: Pivot to projections

Accountants should take note of the fact that the current market needs analysts more than historians.

May 11

Gale Crosley

Crosley+Company
Government accounting

IPSASB works to improve public sector accounting standards amid coronavirus

Nations around the world face unexpected expenses and revenue shortfalls arising from the COVID-19 pandemic.

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

May 11

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.