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.

CPAs

VSCPA honors 2019 'Outstanding Member,' 'Top 5 Under 35'

The Virginia Society of CPAs honored a number of its rising members prior to its annual business meeting in Richmond.

By Sean McCabe
Senior Editor

June 5
Accounting firm services

Deadline extended: VAR 100 call for submissions

Due to interest, the deadline for submission has been extended to June 7.

June 4
Tax preparers

Living the dream: Why tax pros became preparers

Practitioners share how they got into the business — and why they stay.

By Jeff Stimpson
Freelance writer

June 4
International accounting

Deloitte re-elects Renjen as global CEO

Punit Renjen has secured a second four-year term as global CEO of Deloitte Touche Tohmatsu’s international network of firms, starting Monday.

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

June 3
Succession planning

Wipfli names new MP

Kurt Gresens is taking the reins from longtime leader Rick Dreher and has major plans for growth at the Top 100 Firm.

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

June 3
Practice management

CohnReznick elects next CEO

David Kessler will succeed Frank Longobardi at the Top 20 Firm in February 2020, with a plan to focus on advisory services, innovation, and more.

By Daniel Hood
Editor-in-chief

May 31
Tax franchises

Hewitt re-enters tax prep space

His Loyalty Brands has combined with ATAX Franchise to focus on serving the Latino market.

By Jeff Stimpson
Freelance writer

May 31

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.