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.

Tax preparers

Rate expectations: How much tax pros are hiking fees – and why

Preparers are looking at new forms, new regs, new laws -- and new prices.

By Jeff Stimpson
Freelance writer

November 27
Tax tools

IRS eases e-Services registration process for tax pros

Student loans can now be used to verify a user's identity.

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

November 26
The Tech Take Don't sell off Bitcoin on Cyber Monday

Clients need to pay attention to the tax ramifications of their cryto holdings.

November 26

Ranica Arrowsmith

Accounting Today
AT Think 50 shades of (CPA) gray

The future of the profession no longer offers answers in black and white … it’s all advice, and advice is gray.

November 23

Kyle Walters

L&H CPAs and Advisors
CPAs

NASBA presents 2018 leadership awards

The National Association of State Boards of Accountancy honored three CPAs at its 2018 Annual Meeting who have helped push the profession forward.

By Sean McCabe
Senior Editor

November 20
Accounting fraud

Noble Group rescue thrown into doubt by Singapore probe

The commodity-trading firm is being investigated by three Singaporean agencies more than three years after a whistle-blower questioned the company’s accounting.

November 20
Accounting standards

AICPA drafts guidance on inventory valuation

The Financial Reporting Executive Committee eventually plans to publish a broader Business Combinations Accounting and Valuation Guide.

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

November 19

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.