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.

State taxes

States struggle with nexus questions

A new Bloomberg Tax survey shows them grappling with a range of taxation issues.

By Roger Russell
Senior Editor

May 30
AT Think Questions of firm culture

When it comes to differentiating their cultures, accounting firms should start by examining these 10 aspects of themselves.

May 30

Daniel Hood

Accounting Today
AT Think Boomer’s Blueprint: In managing change, clarity reduces resistance

There are four myths accounting firms need to overcome when it comes to addressing a changing environment.

May 30

L. Gary Boomer

Boomer Consulting Inc.
M&A

BerganKDV merges in Alliance Management

The Top 100 Firm is adding a business turnaround specialist based in Minneapolis.

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

May 30
Accounting standards

Lease accounting standard proves daunting for many

With the effective date for the new lease accounting standard taking effect at the end of the year for public companies, many are finding themselves unprepared and their accounting systems in need of an upgrade.

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

May 30
AT Think Tax Strategy: States respond to the SALT deduction limit

The Tax Cuts and Jobs Act is having a major impact below the federal level.

May 29

Mark A. Luscombe

Wolters Kluwer Tax & Accounting
Financial reporting

Samsonite tumbles after short seller questions accounting

Samsonite International SA, the world’s largest branded-luggage maker, tumbled the most since 2012 after short-seller Blue Orca Capital questioned the company’s accounting and corporate governance.

May 24

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.