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.

They need you – they’re just not always sure what for

The 2018 Small Business Accounting Insights study uncovers accountants’ clients’ biggest needs.

Sponsored by SurePayroll
Accounting standards

Companies behind schedule on revenue recognition and leasing standards

A new report from PwC finds businesses still scrambling to meet the deadlines.

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

November 12
Audit

Merger puts Marcum far in the lead in Q3 SEC engagements

The Top 100 Firm’s July combination with Texas’ GBH CPAs brought 21 new clients.

By Daniel Hood
Editor-in-chief

November 9
Audit

KPMG’s U.K. firm ends consulting work for audit clients

One of the Big Four accounting firms has taken a welcome step to improving the credibility of the financial statements published by London-listed companies.

November 8
Accounting firm services

Canadian practice named global ‘Firm of the Future’

Intuit gave Cloud Bookkeeping Services $30,000 and the global title.

By Daniel Hood
Editor-in-chief

November 7
Accounting education

Students opting for accounting certifications over MBA

As tuition costs continue to rise and loan debt becomes a growing burden, more students are choosing credentials like the CMA.

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

November 7
Philanthropy

AICPA honors forensic and valuation 'Volunteers of the Year'

The American Institute of CPAs announced the top volunteers of its Business Valuation Services and Forensic and Litigation Services.

By Sean McCabe
Senior Editor

November 7

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.