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.

Marijuana industry

DOPE CFO cannabis accounting business expands

A company that provides training to legal marijuana businesses and their bookkeepers has extended its reach to 26 states.

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

June 11
Audit

Deloitte is said to find Dubai’s Abraaj commingled $95M

The Middle Eastern investment firm has been roiled by allegations of misused funds.

June 11
AT Think Climbing the lease accounting compliance mountain

Now is the time to start preparing for the next big accounting standard.

June 11

Greg Rivera

Accruent
International accounting

AICPA chair Eric Hansen will also chair global association

The BKD COO was named Friday to chair the Association of International Certified Professional Accountants.

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

June 8
AT Think Fast-Tracking CAS: Cross-selling client accounting services within the firm

As companies seek new ways to grow in a competitive business environment, accounting firms can position themselves as much more than just the traditional provider of help with taxes or audits.

June 8

Jim Boomer

Boomer Consulting
Financial reporting

NYC's Stringer wins GFOA financial reporting awards

The Government Finance Officers Association honored New York City Comptroller Scott Stringer for excellence in financial reporting.

By Chip Barnett
Reporter

June 7
Accounting standards

Lease accounting standard has technology hurdles

The lease accounting standard that public companies are gearing up to comply with by the end of the year is presenting them with some technology obstacles, according to a new report from Deloitte.

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

June 7

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.