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.

Millennials

Conferences for the next generation of accountants

What the profession’s younger members want from meetings.

By Sean McCabe
Senior Editor

August 31
Accounting standards

Companies shouldn't rush to adopt new hedge accounting standard

The Financial Accounting Standards Board released its long-awaited hedge accounting standard this week, but companies may want to be careful about adopting it early, or else they could miss out on some one-time benefits.

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

August 30
Audit

PCAOB highlights audit inspection priorities

The Public Company Accounting Oversight Board released a document Wednesday offering information about the main areas its inspectors are looking at during its visits to auditing firms this year.

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

August 30
Cloud hosting

Case Studies: Cloud hosting 2017

Moving to a hosted environment can change a firm’s culture.

By Ranica Arrowsmith
Technology Editor

August 30
Workflow software

Software Survey: Workflow solutions in 2017

Once you decide what the programs should do, their advantages multiply.

By Ted Needleman
Contributing editor

August 30
Tax reform

Parsing the future of tax reform: ‘A world of unknowns’

Tax experts examine Republicans' Joint Statement for clues to possible changes.

By Roger Russell
Senior Editor

August 29
AT Think Tax Strategy: Tax reform crawls forward

The framework issued by the 'Big Six' is thin on specifics.

August 29

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.