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.

Finance, investment and tax-related legislation

Reshaping the IRS

Congress is working on a major redesign of the tax agency.

By Roger Russell
Senior Editor

May 1
AT Think Tax Strategy: Obstruction of justice charges will be harder in tax cases

The Supreme Court's ruling in Marinello makes it less likely a delinquent taxpayer will be charged with a felony.

May 1

Mark A. Luscombe

Wolters Kluwer Tax & Accounting
International accounting

Panasonic to pay $280M to end U.S. corruption probe

The electronics maker's in-flight-entertainment unit improperly hid payments to consultants in the Middle East and Asia.

April 30
International accounting

AICPA offers guidance on achieving UN sustainability goals

The Association of International CPAs has released a guide to how management accountants can help their organizations fulfill the United Nations’ Sustainable Development Goals.

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

April 30
AT Think Boomer's Blueprint: The technology ecosystem

Managing IT is a challenge for accounting firms and the profession.

April 30

L. Gary Boomer

Boomer Consulting Inc.
State taxes

Big changes on the way in sales and use tax?

SUT software faces changes in technology, legislation and regulation.

By Ted Needleman
Contributing editor

April 30
Diversity and equality

CalCPA announces 2018 'Women to Watch'

The California Society of CPAs honored five female leaders for their contributions to the profession at the annual Women’s Leadership Forum in Los Angeles.

By Sean McCabe
Senior Editor

April 30

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.