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.

Accounting firm networks

Allinial Global opens AG AdvantEdge division for smaller firms

The association of accounting and consulting firms hopes to attract more early-stage entrepreneurial firms.

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

January 8
CAS

BeachFleischman and GMLCPA create completely virtual firm

The new venture will serve the firms’ existing CAS clients, and has plans to expand in the future.

By Ranica Arrowsmith
Technology Editor

January 8
Revenue recognition

AICPA encourages private cos. to get ready for new rev rec standard

The deadline isn't far away for privately held businesses to begin adhering to the new rules.

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

January 8
State taxes

Update requirement for efiling may take tax pros by surprise

Over 30 states now have a 10 Business Day Rule in place.

By Roger Russell
Senior Editor

January 7
AT Think Is international expansion in your firm’s future?

Exciting new markets await, but so do stumbling blocks.

January 7

Lisa Benson

HLB International
Better every day Build solutions, not services, to drive growth

Make 2019 the year you offer your clients what they really need.

January 7

Darren Root

Rightworks
Practice management

Slideshow An accounting calendar for 2019

A to-do list for firms and accountants looking to make progress in the New Year.

By Daniel Hood
Editor-in-chief

January 4

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.