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.

Career moves

Ernst & Young global chair and CEO Mark Weinberger stepping down

The global chairman and CEO is planning to step down after six years running EY’s global network.

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

December 3
Audit standards

AICPA issues new standard for ERISA benefit plan audits

The American Institute of CPAs’ Auditing Standards Board voted to issue a long-awaited standard on audits of financial statements of employee benefit plans, although it is still awaiting some details before the standard takes effect.

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

December 3
Employee retention

The Best Firms for Women: Building new networks of support

Women-friendly workplaces are taking advantage of new development initiatives and work schedules.

By Danielle Lee
Editor-in-Chief

December 3
CAS

Case studies: Client accounting services in 2018

Three firms share how CAS is helping them help clients.

By Ranica Arrowsmith
Technology Editor

December 3
Practice management

The next 12 months

A look at what’s coming for the accounting profession in 2019.

By Daniel Hood
Editor-in-chief

December 3
The Accountants’ Affinity Index: Opportunities in health care

Accounting Today launches a series of deep dives into different small-business niches.

Sponsored by SurePayroll
Tax reform

Tax experts weigh in on Qualified Opportunity Zones

Their verdict: This creation of the Tax Cuts and Jobs Act offers significant benefits to investors.

By Roger Russell
Senior Editor

December 3

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.