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.

Economic indicators

ACCA and IMA find global confidence at all-time low among accountants

A quarterly survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants shows signs of trouble ahead.

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

January 17
AT Think Has your firm become a ‘nothing burger’?

There was a time when generic accounting, auditing and tax services had significant value, but the business world has changed.

January 15

Dom Esposito

Esposito CEO2CEO, LLC
Government shutdown

Closed minds: What clients say about the government shutdown

One common question: ‘Do I still have to pay?’ (Yes.)

By Jeff Stimpson
Freelance writer

January 15
CPAs

VSCPA names 2018 Leadership Academy graduates

The Virginia Society of CPAs hosted 22 young professionals for its annual workshop on best practices in firm management.

By Sean McCabe
Senior Editor

January 14
Practice management

Practice Profile: Pillar of the community

Ying Sa aims to make her small firm into the ‘minority-owned KPMG.’

By Danielle Lee
Editor-in-Chief

January 11
Accounting firm services

The cannabis opportunity

The risks are lower than many accountants think -- and the rewards are greater.

By Daniel Hood
Editor-in-chief

January 11
CECL

FASB offers help with credit loss standard

The Financial Accounting Standards Board has released staff guidance on how to estimate credit loss reserves.

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

January 10

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.