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.

Accounting firm services

Practice Profile: A perfect blend

KBS CFO serves up a mix of outsourced accounting and CFO services for a range of clients, including distilleries

By Danielle Lee
Editor-in-Chief

March 5
IRS

The IRS's six areas for improvement

NCCPAP's Stephen Mankowski offers an inside look at the service's latest initiatives.

By Roger Russell
Senior Editor

March 4
Coronavirus

SEC offers filing relief to companies affected by coronavirus

The Securities and Exchange Commission is giving “conditional” regulatory relief from certain filing obligations for public companies due to the outbreak.

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

March 4
AT Think Marketing is not a four-letter word

Some simple steps firms can take right now to make a stronger first impression

March 4

John P. Napolitano

Napier Financial
AT Think Boomer’s Blueprint: From IT geek to executive

A firm leader rising from technology? If the skill set is right, why not?

March 4

L. Gary Boomer

Boomer Consulting Inc.
AICPA

AICPA plans to roll out SOC for Supply Chain framework

The American Institute of CPAs will begin offering SOC for Supply Chain, a new assurance framework, this month, to help business clients have more confidence around the viability of their global supply chain in the midst of threats like the coronavirus.

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

March 3
AT Think Tax Strategy: Inside the SECURE Act

The law to boost retirement planning has tax consequences.

March 3

Mark A. Luscombe

Wolters Kluwer Tax & Accounting

Resources

The latest Accounting Today research and discussion:

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
The future of the accounting workforce

While concerns remain about the profession's pipeline of new accountants, Cathy Moy, chief people officer at BDO USA, sees plenty of ways to keep it full.

Sponsored by Intuit Quickbooks

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.