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.

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
AT Think Boomer’s Blueprint: How CPAs and auditors will remain relevant

Judgment is the critical differentiator for the profession going forward.

October 2

L. Gary Boomer

Boomer Consulting Inc.
AT Think Pathways to Growth: Initiate to innovate

Accounting firms need to realize that passivity is passé.

October 2

Gale Crosley

Crosley+Company
FASB

FASB to hold roundtable on intangible assets

Input on the initial invitation to comment is due by October 7.

By Daniel Hood
Editor-in-chief

October 1
Continuing education

Staying on course: Preparers bone up on TCJA and more

Tax professionals share the courses they’re taking to keep up to date.

By Jeff Stimpson
Freelance writer

September 30
AT Think Art of Accounting: Internal controls toolkit for consultations by small firms

When a new book was recently published about internal controls, I wondered about its benefits or use.

September 30

Edward Mendlowitz

Withum

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.