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 The evolution and changing role of bookkeepers

If you’re a bookkeeper, it’s time to embrace evolution.

January 3

Mary Ellen Biery

Abrigo
AT Think The FDIC vs. PwC: Scapegoating the auditors is the wrong move

Auditing firms cannot be expected to root out evil, or to conduct full forensic investigations.

January 3

Jim K. Langdon

Dorsey & Whitney
Accounting fraud

Steinhoff gains as retailer plans to restate 2015 results

Shares of Steinhoff International Holdings NV rose after the South African retail giant said it will restate financial results going back as far as 2015 amid a probe into accounting irregularities.

January 2
AT Think Pathways to Growth: Time to become a consultant?

The transformation requires shifts in practices — and mindset.

December 29

Gale Crosley

Crosley+Company
Audit standards

PCAOB updates guidance on new auditor’s report

The board’s staff are offering additional information on determining auditor tenure.

By Daniel Hood
Editor-in-chief

December 28
AT Think The paths to success in financial planning

The key is offering proactive and holistic services.

December 28

John P. Napolitano

Napier Financial
AT Think Tax Strategy: 2017 in review

A look at the major developments from the past year.

December 28

Mark A. Luscombe

Wolters Kluwer Tax & Accounting

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.