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.

AT Think Why is your staff disengaged?

They need to see that their firm offers a path to the future.

November 7

Bob Lewis

The Visionary Group
AT Think New alignment can ‘cut the clutter’ in sustainability reporting

The

November 7

Richard Howitt

International Integrated Reporting Council
International accounting

Global reporting groups plan to align standards in 2 years

The International Integrated Reporting Council, the Sustainability Accounting Standards Board, the Global Reporting Initiative and the Carbon Disclosure Project are working to harmonize standards.

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

November 7
Tax preparers

Annual renewal opens for Enrolled Agents

Roughly a third of EAs are due to re-enroll before Jan. 31, 2019.

By Jeff Stimpson
Freelance writer

November 6
International accounting

Accrual accounting catching on among governments worldwide

Nearly two-thirds of governments are expected to report on an accrual basis within the next five years.

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

November 6
AT Think Hashing out rates: Taxing marijuana without extinguishing it

States need to consider a wide range of factors in looking to set tax rates on legalized pot sales.

November 6

Jennifer Weidler Karpchuk

Chamberlain Hrdlicka
A small-business barometer for 2019

Those working with accountants expect stronger growth, according to Accounting Today's Small Business Insights Survey.

Sponsored by SurePayroll

Resources

The latest Accounting Today research and discussion:

Accounting firm services

Practice management

Consulting
Trusted Advisor 2.0

By Daniel Hood

September 28
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

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.