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

Practice Profile: The Siegfried Group is in a league of its own

Bucking tradition for a bold new model, the firm has carved out a unique niche.

By Danielle Lee
Editor-in-Chief

September 29
Audit

Ideagen rebrands Pentana, offers new compliance and oversight suite

The collection includes and audit, performance and accounting standards checklist software.

By Ranica Arrowsmith
Technology Editor

September 28
AT Think Generational Viewpoints: Requests from one age group to another

The different generations in the profession want different things from each other at work.

September 27
Audit

PCAOB looks for more input on proposed requirements for use of other auditors

The Public Company Accounting Oversight Board wants to hear more comments about a proposal to strengthen its existing requirements for a lead auditor's use of other auditors and impose a more uniform approach.

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

September 26
AT Think Tax Strategy: An early look at 2017 year-end planning

There's almost a perfect storm of uncertainties facing tax planners and their clients.

September 26

George G. Jones

Wolters Kluwer US, Tax & Accounting
Accounting standards

FASB proposes lease accounting changes for land easements

The Financial Accounting Standards Board has a proposed accounting standards update to clarify how to apply its new lease accounting standard to land easements.

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

September 25
Technology

Accounting leaders tap technology as top concern

Top figures in the field are concerned about the impact of Blockchain and artificial intelligence — but they are also still concerned about staffing shortages.

By Daniel Hood
Editor-in-chief

September 25

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.