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.

Analytics

The bold new frontier of data

Great opportunities await accountants in analysis, forecasting and advisory.

By Antoinette Alexander

October 26
Hedging

FASB adds new interest rate for hedge accounting

ASU 2018-16 lets hedgers use the SOFR Overnight Index Swap Financing Rate.

By Daniel Hood
Editor-in-chief

October 26
Tax preparers

IRS e-Services down this weekend

The agency’s information technology organization is under the gun.

By Jeff Stimpson
Freelance writer

October 26
AT Think The fourth quarter can be a game changer

An aggressive posture in financial planning now can make all the difference.

October 25

John P. Napolitano

Napier Financial
The future of audit Looking ahead in a time of rapid change

The changes to the financial statement audit will be shaped by four factors: technology, methodology, standards and skills.

October 25

Susan S. Coffey

AICPA & CIMA
Change management

Pain, and then gain

The accounting profession’s leaders see the upside of massive change (mostly).

By Daniel Hood
Editor-in-chief

October 24
Tax preparers

PTIN renewal season begins

The IRS is reminding tax pros that their ID numbers will expire Dec. 31.

By Jeff Stimpson
Freelance writer

October 23

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.