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 firm services

MarksNelson acquires tech company Blue Ocean Consulting

The firm adds software development and data analytics, among other services, to its offerings.

By Ranica Arrowsmith
Technology Editor

January 8
Artificial Intelligence

Brace yourself for AI and blockchain

There’s less threat and more opportunity in emerging technologies than many think.

By Daniel Hood
Editor-in-chief

January 8
AT Think The accountant's 2018 to-do list

These 12 action items -- one for every month -- should help manage the waves of change sweeping over the profession.

January 8

Daniel Hood

Accounting Today
Accounting software

Cloud accounting just gets better

And now it’s getting ready to embrace artificial intelligence.

By Ted Needleman
Contributing editor

January 8
AT Think 7 steps to firm growth and profitability in 2018

There are things more powerful than relationships when it comes to driving referrals.

January 5

Lee Frederiksen

Hinge
Accounting standards

FASB proposes tweaks to leasing standard

The changes would simplify some of the transition requirements and offer lessors a practical expedient for separating nonlease from lease components.

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

January 5
Accounting education

NJCPA visits high schools for 'Career Awareness' program

The New Jersey Society of CPAs gave presentations and discussed professional pathways with over 3,500 students.

By Sean McCabe
Senior Editor

January 5

Resources

The latest Accounting Today research and discussion:

Accounting firm services

Practice management

Consulting
Trusted Advisor 2.0

By Daniel Hood

September 28
Beyond the Buzz: Moving from AI Hype to Meaningful Impact

Weaving AI into client records, workflows, documents, and billing allows accounting firms increase to by offering client accounting services. Learn why an integrated platform outperforms standalone accounting solutions.

Partner Insights from Canopy
Beyond Research: Unlocking Hidden Value from AI

Generative AI adoption among accounting firms doubled in just one year. But many firms are barely scratching the surface, using AI primarily for tax research rather than to reimagine workflows

Partner Insights from Thomson Reuters

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.