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.

CAS

Case studies: Client accounting services in 2018

Three firms share how CAS is helping them help clients.

By Ranica Arrowsmith
Technology Editor

December 3
Practice management

The next 12 months

A look at what’s coming for the accounting profession in 2019.

By Daniel Hood
Editor-in-chief

December 3
The Accountants’ Affinity Index: Opportunities in health care

Accounting Today launches a series of deep dives into different small-business niches.

Sponsored by SurePayroll
Tax reform

Tax experts weigh in on Qualified Opportunity Zones

Their verdict: This creation of the Tax Cuts and Jobs Act offers significant benefits to investors.

By Roger Russell
Senior Editor

December 3
Revenue recognition

SEC questions Amazon’s revenue recognition for Prime

The Securities and Exchange Commission has been taking a close look at how Amazon.com has been adhering to the new revenue recognition standard, particularly with regard to its Amazon Prime revenue, and Amazon has been pushing back in response to the SEC’s comment letters.

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

November 30
Accounting fraud

Ex-Autonomy CEO Lynch resigns government role after U.S. fraud charge

Michael Lynch, the former chief executive officer of Autonomy Corp., stepped down Friday as an adviser to U.K. Prime Minister Theresa May after he was charged with fraud by the U.S.

November 30
AT Think Help them know you

Accounting firm clients -- particularly small businesses -- often don't understand the value they offer.

Sponsored by SurePayroll

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.