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.

Tax preparers

Problem solvers: How to offer tax resolution services

Practitioners share how — and why — they help clients handle issues with tax authorities.

By Jeff Stimpson
Freelance writer

September 11
AT Think Better Every Day: It’s all about the data

Is your firm paying attention to all the opportunities created by the client data you collect?

September 10

Darren Root

Rightworks
Audit standards

Dry runs for CAMs show they’ll bring extra work

Pilot tests at public companies suggest the new reporting requirements may take more time than expected.

By Daniel Hood
Editor-in-chief

September 10
Deloitte

Deloitte sees global revenue grow to $46.2B

The firm reported its 10th consecutive year of worldwide growth, with revenue increasing $3 billion over the previous fiscal year.

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

September 10
CECL

AICPA issues auditor practice aid on CECL standard

The document can help auditors with the allowance for credit losses under the new standard for measuring credit losses on financial statements.

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

September 9
Accounting firm networks

Moore Stephens and Andersen Tax rebrand

Two firm networks are shortening their names, adopting the brands Moore North America and Andersen.

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

September 9
AICPA

AICPA Foundation awards inaugural William (Bill) Ezzell Scholarships

The American Institute of CPAs Foundation recognized five CPAs pursuing their accounting doctorates with one-time, $10,000 scholarships.

By Sean McCabe
Senior Editor

September 9

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.