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.

FASB

Dems call on FASB for more int’l disclosures

13 Democratic senators want more country-by-country information from companies.

By Daniel Hood
Editor-in-chief

October 4
AT Think Least isn’t always best

Some functions -- like those performed by CPAs in public markets -- call for government licensing.

October 4

Daniel Hood

Accounting Today
Risk

Accountants' malpractice liability: Fewer claims, but more risks

As part of our 2019 Liability Insurance Buyer's Guide, experts share their takes on the risk landscape.

By Roger Russell
Senior Editor

October 3
Tax preparers

NCCPAP urges Senate to pass tax preparer regulation

The Taxpayer Protection and Preparer Proficiency Act of 2019 would give the IRS the authority to regulate practitioners.

By Daniel Hood
Editor-in-chief

October 3
Tax research

Software Survey: For tax research, the only constant is change

Research providers are always working to keep up — and get ahead.

By Ted Needleman
Contributing editor

October 3
AT Think Tax Strategy: Handling underpayment of estimated tax penalties

Three pieces of IRS guidance have created changes for taxpayers and preparers.

October 3

Mark A. Luscombe

Wolters Kluwer Tax & Accounting
AT Think Creating raving fans for a PFP practice

Firms need to focus on actively encouraging client referrals.

October 3

John P. Napolitano

Napier Financial

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.