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

IRS seeks nominations for Advisory Council

14 spots for three-year terms are open through June 10.

By Jeff Stimpson
Freelance writer

May 2
Tax reform

The TCJA: In the eye of the beholder

Congressional hearings show how political priorities color views of tax reform.

By Roger Russell
Senior Editor

May 2
Generational Viewpoints: The role of data analytics

A Gen X CMO and a millenial manager from Rehmann discuss this new tool's impact on client service and marketing.

May 2
Cyber Security

PCAOB board member wants auditors to be more vigilant about cybersecurity

The Public Company Accounting Oversight Board may begin asking auditors to look at cybersecurity when assessing risks at the companies they audit.

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

May 2
Tax

An IRS revamp?

Congress is considering new changes to the tax service.

By Roger Russell
Senior Editor

May 2
Audit

SEC, PCAOB actions against accountants declined steeply in 2018

The Securities and Exchange Commission and Public Company Accounting Oversight Board finalized 45 enforcement actions involving accountants in 2018, marking a significant decrease from 2017.

By Danielle Lee
Editor-in-Chief

May 1
Tax preparers

NATP, Gleim offer EA exam materials

Association members can also get discounts.

By Jeff Stimpson
Freelance writer

May 1

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.