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.

Practice management

The 2019 MP Elite

The eighth edition of Accounting Today's annual report highlights 10 outstanding accounting firm leaders.

By Daniel Hood and Danielle Lee

August 1
Accounting standards

FASB standards delay will give private cos. a temporary reprieve

Private companies, nonprofits and some smaller public companies will get some extra time to get ready for major accounting standards, under a recent proposal.

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

August 1
Practice management

How tax pros spend their summer vacations

Practitioners share their best practices for the long (relatively) quiet months between deadlines.

By Roger Russell
Senior Editor

August 1
CAS

Inside CAS: From past to future

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

July 31
Accounting standards

FASB proposes standard for distinguishing liabilities from equity

The proposed update aims to improve the guidance for both convertible instruments and the derivatives scope exception for contracts in a company’s own equity.

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

July 31
Corporate ethics

IESBA proposes changes to code of ethics for accountants

The International Ethics Standards Board for Accountants proposed some changes Wednesday to the International Code of Ethics for Professional Accountants to improve the mindset expected of accountants.

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

July 31
Boomer's Blueprint When ‘how’ isn’t enough

Accountants need to ask a number of questions to create more valuable services.

July 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.