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 franchises

H&R Block unveils transparent prices

The ramifications of tax reform could significantly impact the low end of the tax prep market.

By Jeff Stimpson
Freelance writer

October 30
Tax Strategy New opportunities for year-end tax planning abound with new tax law

Late regs and guidance notwithstanding, there are lots of TCJA-related steps taxpayers should take before Dec. 31.

October 30

Mark A. Luscombe

Wolters Kluwer Tax & Accounting
Tax reform

Plumbing the mysteries of Section 199A

Tax pros and regulators are wrestling with the complexities of this part of the Tax Cuts and Jobs Act.

By Roger Russell
Senior Editor

October 30
Diversity and equality

IMA signs diversity pact with ALPFA

The Institute of Management Accountants has a memorandum of understanding with the Association of Latino Professionals for America.

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

October 29
Tax research

Tax research in the spotlight

Major legislative and judicial change make knowing where to get answers to tax questions all the more important this year.

By Ted Needleman
Contributing editor

October 29
Boomer's Blueprint Business transformation — shared vision or shared services?

Accounting firms need to pick which type of sharing they want to do.

October 28

L. Gary Boomer

Boomer Consulting Inc.
Analytics

The bold new frontier of data

Great opportunities await accountants in analysis, forecasting and advisory.

By Antoinette Alexander

October 26

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.