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.

Audit

Investors favor SOX 404(b) audit rule, says study

Section 404(b) of the Sarbanes-Oxley Act of 2002, which requires public companies to undergo annual audits of the adequacy of their internal controls over financial reporting, appears to be supported by investors who want newly acquired companies to be audited as well, according to a new study.

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

December 27
AT Think Generational Viewpoints: What you do, not where you go

More and more, employees expect to be able to work where and when they like.

December 27

Jennifer Lee Wilson

ConvergenchCoaching
He Said, She Said Consulting vs. compliance: How they stack up

As firms move more toward advisory services, It's importnat to recognize the structural differences between the two.

December 26

August Aquila

Aquila Global Advisors
AT Think Client accounting services: Three ways to develop this emerging revenue stream

The rapid pace of technology innovation and its impact on the accounting industry cannot be ignored.

December 26

Levi Morehouse

Ceterus
AT Think Six tips for finding your first accounting clients

You may bring 10 years of accounting experience from a great firm, but that doesn’t mean you’ll have a full roster of clients on day one.

December 26

Nellie Akalp

CorpNet.com
Certified Management Accountants

IMA sees growth over past year

The Institute of Management Accountants released its annual review showing an uptick in CMAs.

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

December 26
The Future of Audit Considerations for auditors ready to go virtual

Technology disruption will be a good thing for the audit.

December 26

Amy Vetter

The B3 Method Institute

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.