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 How small a client is too small for financial planning?

Building a wealth management practice among the midsized mass-affluent

November 26

John P. Napolitano

Napier Financial
Accounting software

Case Studies: Client accounting services in 2017

Three firms share their experiences with client accounting services.

By Ranica Arrowsmith
Technology Editor

November 26
Non-profits

Software Survey: Accounting for the nonprofit of tomorrow

Software for NFPs is getting smarter and more sophisticated -- as are the organizations that use it.

By Ted Needleman
Contributing editor

November 26
AT Think Boomer’s Blueprint: 10 ways to accelerate innovation

Firms are struggling to build innovative cultures.

November 26

L. Gary Boomer

Boomer Consulting Inc.
AT Think Going, going, gone — concerned?

Auditors face a special dilemma when it comes to determining if a client can continue, says Stephen Franciosa.

November 24

Stephen Franciosa

Iona College
Accounting standards

Companies disclosing little so far about revenue recognition impact

Relatively few public companies have been telling investors what impact they can expect to see from the revenue recognition accounting standard that takes effect next month, according to a new study from the CFA Institute.

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

November 21
Audit

U.K. regulator recommends stiffer sanctions against Big Four audit firms

Big Four firms in the United Kingdom should be subject to fines of 10 million pounds ($13.2 million) or more for seriously poor audit work, according to an independent review by the U.K.’s Financial Reporting Council.

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

November 21

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.