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.

Continuing education

Practice Profile: Escaping everyday education

New York firm Berdon offers fun and innovative new ways of learning.

By Danielle Lee
Editor-in-Chief

March 1
Accounting standards

FASAB proposes amendments to federal standards for leases

The Federal Accounting Standards Advisory Board is looking for input on some proposed changes.

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

February 28
Accounting standards

GASB proposes implementation guidance for lease accounting

The board posted a proposed guide Thursday, with a set of questions and answers about the new standards.

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

February 28
International taxes

China said to consider tax breaks in bid to draw global funds

The country hopes to reverse swelling outflows to international tax havens.

February 27
AT Think 3 reasons you ought to be building a digital asset practice

Blockchain and cryptocurrencies are going to play a major role in the economy and the accounting profession.

February 27

Andre Sterley

Mazars USA
CSR reporting

SASB names Madelyn Antoncic as new CEO

A former vice president and treasurer of the World Bank is taking the helm of the Sustainability Accounting Standards Board.

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

February 26
Diversity and equality

AICPA selects five firms for new diversity internship program

The George Willie Ethnically Diverse Student Scholarship and Internship program will award up to $20K per accounting student.

By Sean McCabe
Senior Editor

February 26

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.