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.

CPAs

Accountants to Watch: Micah Fraim

The Roanoke, Va. firm leader wants professionals to "step back from [their] spreadsheets" and take a deeper look at their client's business.

By Sean McCabe
Senior Editor

April 30
Financial planning

Accounting Today calls for submissions for Top Firms by AUM

The annual listing ranks CPA financial planners by assets under management.

April 30
Audit

Study casts doubt on usefulness of disclosing audit engagement partners

The Public Company Accounting Oversight Board began requiring firms last year to disclose the names of engagement partners who participated in audits, but a new academic study questions whether the new requirement will actually benefit investors.

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

April 27
Career moves

SASB names former New York deputy mayor to succeed Bloomberg as chair

The Sustainability Accounting Standards Board Foundation has appointed Perella Weinberg Partners partner and CEO Robert K. Steel as its new chair, succeeding former New York City Mayor Michael Bloomberg, the founder and chief executive of Bloomberg LP. Steel previously worked under Bloomberg as deputy mayor.

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

April 26
Audit standards

PCAOB’s new board looks for feedback on future strategy

The survey asks for input on the future direction of the auditing overseer.

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

April 24
Accounting standards

Private companies falling behind on new accounting standards

Businesses are taking time adjusting to the new revenue recognition and lease accounting rules.

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

April 23
Career moves

SASB founder Jean Rogers steps down

The former CEO of the Sustainability Accounting Standards Board is passing on the chairmanship post to vice-chair Jeffrey Hales.

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

April 23

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.