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

New lists name top tax pros, cloud acct’g experts

The TaxBuzz and CountingWorks lists are based in part on client reviews.

By Jeff Stimpson
Freelance writer

January 22
ERP software

Sage sells U.S. Payroll Solutions arm

The sale comes at a time when accounting software providers are bolstering their payroll capabilities.

By Ranica Arrowsmith
Technology Editor

January 22
Accounting firm networks

EY elects Carmine Di Sibio as global chair and CEO

The global managing partner of client service at Ernst & Young will be succeeding Mark Weinberger, effective July 1, 2019.

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

January 18
CECL

Sageworks becomes Abrigo

The company is now focusing on CECL and ALLL technology for community banks after being acquired by Accel-KKR.

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

January 17
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

Resources

The latest Accounting Today research and discussion:

Beyond the Buzz: Moving from AI Hype to Meaningful Impact

Weaving AI into client records, workflows, documents, and billing allows accounting firms increase to by offering client accounting services. Learn why an integrated platform outperforms standalone accounting solutions.

Partner Insights from Canopy
Beyond Research: Unlocking Hidden Value from AI

Generative AI adoption among accounting firms doubled in just one year. But many firms are barely scratching the surface, using AI primarily for tax research rather than to reimagine workflows

Partner Insights from Thomson Reuters
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

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.