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.

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
Tax preparers

Taxfyle raises $4M in series A funding

The Miami-based tax software startup has raised $7.3 million to date.

By Ranica Arrowsmith
Technology Editor

September 24
Gender issues

Be the bridge: Empowering women in accounting

Don’t just say you value your female employees – show it.

By Mary Margaret Prange
Audit partner

September 24
Revenue recognition

FloQast targets revenue recognition challenges

FloQast, a provider of close management software, is eyeing the problems with the new revenue recognition standard, especially for privately held technology companies like itself.

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

September 21
Accounting software

Bloomberg Tax releases leased assets system

Bloomberg Tax has introduced a leased assets application to help organizations comply with the Financial Accounting Standards Board’s new leasing standard.

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

September 21
Accounting

Herbein founder dies

Carl Herbein, who founded his Pennsylvania firm in 1972, was 71.

By Daniel Hood
Editor-in-chief

September 19
AT Think Three hidden real estate lease accounting challenges

Many companies are finding the transition to the new accounting standards to be trickier than expected.

September 19

Scott Silver

LeaseAccelerator

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.