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: Cultivating the next Bay Area boom

BPM’s consumer products group is scaling success in the growing food-tech space.

By Danielle Lee
Editor-in-Chief

January 3
Accounting firm services

Budding opportunities for accountants

Cannabis and related industries are the next big thing for accountants.

By Daniel Hood
Editor-in-chief

January 3
AT Think Countdown to CECL: What SEC filers have learned about implementation

All eyes will be on the large SEC registrants in January as they become the first financial institutions to adopt the current expected credit loss model, or CECL.

January 2

Mary Ellen Biery

Abrigo
AT Think GASB 87: State and local gov'ts face special challenges beyond mere accounting

The reporting requirements will be in effect for government entities beginning Dec. 15 for all reporting periods subsequent to that date.

January 2

Mark Koppersmith

LeaseAccelerator
Tax season

Hoping for a smoother tax season

Filing should be easier this time, but that doesn’t mean there aren’t steps you can take to make things better.

By Roger Russell
Senior Editor

January 2
Accounting standards

AICPA drafts guidance on accounting issues for insurers

The two proposals would offer guidance on implementing the Financial Accounting Standards Board’s new standards for long-duration insurance contracts and credit losses.

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

December 31
AT Think Boomer’s Blueprint: The evolution of partner value

The seven characteristics of a strong firm compensation plan.

December 31

L. Gary Boomer

Boomer Consulting Inc.

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.