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.

AICPA

AICPA's Carl Peterson to retire

Peterson will retire on June 30 after serving as vice president of small firm interests at the American Institute of CPAs for 11 years.

By Paige Hagy
Reporter

May 27
CPAs

Illinois passes licensure changes bill

The bill creates two additional pathways to CPA licensure and preserves the 150-hour path.

By Paige Hagy
Reporter

May 27
Tax

Tax pros need to double down on due diligence

Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for particular credits.

By Jeff Stimpson
Freelance writer

May 27
AT Think When tech fails, accountants prevail

With their critical eye and technical knowledge, accountants can interpret when a number doesn't match reality, anticipating failures before they become scandals.

May 27

Vinícius Alves de Melo

Carlos Contábil
Technology

US sought Builder.ai data over inflated sales

The artificial intelligence company was facing legal scrutiny in the weeks before it went bust.

By Bloomberg News

May 27
CPAs

Minnesota passes licensure changes bill

Minnesota approved a bill on Monday night to create additional pathways to CPA licensure, and it awaits the signature of Gov. Tim Walz.

By Paige Hagy
Reporter

May 20
AT Think Tax Strategy: Post-tax filing season update

With the number of extensions, many practitioners are seeing tax season continue through the summer and fall.

May 20

Mark A. Luscombe

Wolters Kluwer Tax & Accounting

Resources

The latest Accounting Today research and discussion:

eBook Bookkeeping onboarding in 2026: The strategic playbook for CPA firms

CPA firm owners & partners: Cut onboarding rework by 30–50%. Download the 2026 Bookkeeping Onboarding Playbook. Free.

Partner Insights from Datamatics Business Solutions Ltd.
Special Report Special Report: The AI-Enabled Accountant

Artificial intelligence won't put accountants out of business; accountants who use AI will put those who don't out of business. And that means firms need to be integrating it into their workflows, skillsets and strategic plans.

Sponsored by Digits
Practice management

Accounting

Top 100 Firms
Top takeaways from the Top 100 Firms

By Daniel Hood

March 30

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.