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.

Better Every Day Cashing in on business advisory services

Find a balance that’s right for your accounting firm.

April 8

Darren Root

Rightworks
AT Think FASB rejects regional bank proposal, reverses course on vintage disclosures

The Financial Accounting Standards Board has made two decisions that will limit changes to the CECL standard ahead of implementation.

April 4

Mary Ellen Biery

Abrigo
Pathways to Growth A framework for transformation

Revenue segmentation is a powerful tool for accounting firms.

April 4

Gale Crosley

Crosley+Company
Audit preparation

CAQ updates auditor assessment tool

The Center for Audit Quality has released an updated version of its tool for audit committees to address recent changes in accounting standards and potential areas of risk.

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

April 3
International accounting

U.K. lawmakers demand breakup of Big Four accounting firms

Firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses, a U.K. Parliament committee said.

April 3
Boomer's Blueprint CIO: Succession in the Digital Age

Grooming IT professionals in accounting firms calls for specific skills.

April 3

L. Gary Boomer

Boomer Consulting Inc.
Expense management software

Comparison Guide: The expense of expenses

Accounting Today lays out the top expense management packages side by side.

By Ted Needleman
Contributing editor

April 3

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.