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.

Government accounting

GASB proposes changes in government financial reports

Two new documents from the board suggest enhancements to the reporting model, and new ideas about recognizing elements in financial statements.

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

September 28
Audit

Danske auditors in crosshairs for missing dirty money clues

As multiple investigations into Danske Bank A/S get under way, Denmark’s government wants to know why the bank’s auditors appear to have missed signs that one of Europe’s biggest money laundering scandals was unfolding in front of them.

September 27
AT Think Art of Accounting: Why I have so many women clients

Treat all your clients with the same respect.

September 27

Edward Mendlowitz

Withum
Diversity and equality

IMA ramps up diversity efforts for accountants

The Institute of Management Accountants is working to encourage more inclusiveness in the profession.

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

September 26
Accounting fraud

Shareholders win right to sue Steinhoff in Netherlands over accounting

A legal fight kicks off to recover some of the billions of dollars investors lost after the South African retailer’s financial scandal.

September 26
International accounting

KPMG said to lose more S. African staff from Gupta fallout

Clients are also leaving as the Big Four firm works to restore trust.

September 25
Tax planning

Top tax strategies for the end of the year

14 steps clients and practitioners should look to improve in 2019.

By Roger Russell
Senior Editor

September 25

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.