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 When I was 40: Learning leadership

Mazars USA CEO Victor Wahba shares how he learned to run an accounting firm.

August 10

Victor Wahba

Mazars USA
AT Think The CPA's guide to getting started in cannabis accounting

Accountants have the opportunity to enter a burgeoning market where they can access a new realm of clients in dire need of help.

August 9

Andrew Hunzicker

Dope CFO Certified Advisos
CECL

AICPA offers guidance on CECL standard

The American Institute of CPAs’ Financial Reporting Executive Committee, also known as FinREC, has posted a pair of working drafts on how accountants can deal with two issues related to the Current Expected Credit Loss standard that will be taking effect at the end of next year.

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

August 9
Millennials

Accountants to Watch: Darryl Ucheya

The 24-year-old says young accountants should be gearing up to provide 'direct accounting value' in the future.

By Sean McCabe
Senior Editor

August 9
International accounting

Wiley announces partnership with CFA Society Nigeria

The research and learning company will supply CFA Exam materials to support the growing financial presence in Africa.

By Sean McCabe
Senior Editor

August 7
AT Think Tech will lead the way with new lease accounting guidance

Accounting professionals, as the stewards of financial information, have a unique opportunity to take the lead in adopting the new lease guidance and implementing lease accounting software.

August 6

Bill Maloney

Riveron
Accounting standards

GASB proposes changes for conduit debt obligations

New guidance on a single method for government issuers could eliminate differences in practice.

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

August 6

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.