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.

Accounting fraud

U.K. accounting fraud trial of ex-Tesco executives ended after heart attack

The fraud trial of three former Tesco Plc executives was halted when one of them, ex-U.K. Chief Financial Officer Carl Rogberg, had a heart attack days before the jury was due to begin deliberations.

February 6
Accounting standards

IPSASB proposes new strategy for public sector accounting

The International Public Sector Accounting Standards Board has proposed a new strategy and work plan for 2019 through 2023.

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

February 5
AT Think Sound bites from a year of change

Allan Koltin traces the biggest developments from 2017.

February 5

Allan D. Koltin

Koltin Consulting Group Inc.
State regulators

NASBA and AICPA update Uniform Accountancy Act

The National Association of State Boards of Accountancy and the American Institute of CPAs have released the eighth edition of the Uniform Accountancy Act, with some important changes, particularly related to “retired accountants” and continuing professional education.

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

February 5
Practice management

Practice management systems go head to head

Accounting Today's comparison guide to the leading PM packages for accountants.

By Ted Needleman
Contributing editor

February 5
Accounting software

The 2018 Top New Products

Accounting Today’s editors pick the best new and most improved tools and resources for accountants from the past year.

By Daniel Hood
Editor-in-chief

February 5
M&A

The shape of M&A in 2018

The mania goes on, even as the types of deals change

By Daniel Hood
Editor-in-chief

February 5

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.