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.

AT Think Boomer’s Blueprint: From CIO to business executive

At top-performing firm, this role is rapidly widening beyond just IT.

April 3

L. Gary Boomer

Boomer Consulting Inc.
Tax season

Time for tax planning

Much of this filing season is being given over to planning for the next one.

By Roger Russell
Senior Editor

April 3
AT Think Tax Strategy: A good time to revisit withholding

The changes from the December's reform act make it important for taxpayer's to review their W-4s.

April 3

Mark A. Luscombe

Wolters Kluwer Tax & Accounting
Accounting standards

GASB offers guidance on debt disclosures, direct borrowings and placements

The Governmental Accounting Standards Board released a new statement spelling out which liabilities should be disclosed related to debt.

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

April 2
Bitcoin

Bitcoin is property, not currency

The tax treatment of bitcoin and its ilk raises major questions.

By Roger Russell
Senior Editor

April 2
CPAs

Accountants to Watch: Hector Garcia

The QuickBooks expert, 36, has millions of views for his YouTube videos on QB, practice management and much more.

By Sean McCabe
Senior Editor

March 29
Philanthropy

NJCPA accepting 'New Volunteer Award' applicants

The New Jersey Society of CPAs will be accepting nominations through May 18.

By Sean McCabe
Senior Editor

March 29

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.