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.

The Tech Take Has Intuit entered the bookkeeping space?

The blogosphere fires have been stoked by what seemed to be a new live bookkeeping service from QuickBooks.

February 13

Ranica Arrowsmith

Accounting Today
Accounting fraud

BT execs knew of $339M Italy fraud, prosecutors say

Milan prosecutors say former executives at BT Group were aware its Italian unit hid losses and inflated revenue by producing fictitious invoices.

February 13
AT Think Diversity in finance and accounting: Challenges and opportunities for Black History Month

It's time to reflect on how well we, as finance and accounting professionals, are doing to actively support diversity and inclusion in our field.

February 12

Jodi Chavez

Randstad Professionals and Life Sciences
Retirement planning

Age and wisdom: Talking retirement planning with clients

Tax pros share how they discuss preparing for the Golden Years with customers.

By Jeff Stimpson
Freelance writer

February 12
Audit standards

IAASB proposes new standards to improve audit quality

The International Auditing and Assurance Standards Board has issued a trio of proposed standards to improve the quality of audits, reviews and related assurance service engagements at firms.

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

February 11
CAS

Accountingfly CEO Jeff Phillips joins Elefant Training as advisor

Phillips has been recruited to provide guidance on recruiting qualified accounting and bookkeeping staff with modern skill sets.

By Ranica Arrowsmith
Technology Editor

February 11
AT Think Art of Accounting: Research associate

As Withum is growing, the needs of the firm continue to expand with newly created positions to provide more value-added services to clients.

February 11

Edward Mendlowitz

Withum

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.