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.

Corporate philanthropy

Georgia Society of CPAs collects over 536K meals for 2017 'Food Fight'

Local firms also donated over $135K towards the Georgia Food Bank Association this August.

By Sean McCabe
Senior Editor

September 11
AT Think Why your child won’t be an accountant

Outdated definitions of the profession are driving away future generations.

September 11

Hitendra Patil

Accounteneur
Websites

Wipfli debuts web marketing service

The new group will develop client websites to enable customer engagement and lead generation.

By Ranica Arrowsmith
Technology Editor

September 11
Practice management

2017 Top 100 People extra: The accountant of tomorrow

The leaders of the profession profile the practitioners of a decade from now.

September 8
Accounting standards

FASB proposes 2018 GAAP taxonomy

The Financial Accounting Standards Board proposed a GAAP Financial Reporting Taxonomy and, for IFRS filers, a Shared Reporting Taxonomy on Tuesday, asking for public comments on the files.

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

September 5
Accounting firm networks

Ernst & Young reports 7.8% global revenue growth

Ernst & Young experienced strong global revenue growth in the fiscal year ending June 30, 2017, increasing 7.8 percent on a local currency basis since the previous fiscal year, reaching a total of $31.4 billion for its member firms around the world.

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

September 5
Accounting firm services

Top consultants launch video series

The CPACA releases “Issues and Answers” discussions to cover key issues in accounting.

By Daniel Hood
Editor-in-chief

September 1

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.