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.

CAS

Inside CAS: Promise and pitfalls

The second half of a virtual roundtable on one of the fastest-growing services in accounting.

By Daniel Hood
Editor-in-chief

September 6
AT Think Boomer’s Blueprint: 5 ways to improve 3 firm processes

Accounting firms need to continually think about how they do the things they do.

September 6

L. Gary Boomer

Boomer Consulting Inc.
Payroll software

Case studies: Payroll in 2019

Three firms share their experiences with different payroll providers.

By Ranica Arrowsmith
Technology Editor

September 6
Economic indicators

CPA business execs hold gloomier view of economy

Trade wars and fears of a global economic slowdown are shaking optimism.

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

September 5
Accounting standards

FASAB proposes clarification on loss allowance for intragovernmental receivables

The Federal Accounting Standards Advisory Board staff released an exposure draft of a technical bulletin that would clarify the existing standards for loss allowances.

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

September 5
AT Think Does your client need foreign qualification to conduct business in another state?

If you have clients who want to do business in another state or multiple states, they may need to file for "foreign qualification."

September 5

Nellie Akalp

CorpNet.com
LIBOR

FASB proposes guidance on LIBOR transition

Banks are making the transition from the London Interbank Offered Rate to new reference rates for short-term loans.

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

September 5

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.