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.

ERP software

Sensiba San Filippo expands consulting services with Intacct

The firm will become a value added reseller of the cloud-based enterprise financial software.

By Ranica Arrowsmith
Technology Editor

July 12
Accounting standards

FASB eyes cloud computing implementation costs

The Private Company Council discussed the implementation costs of cloud computing during a meeting Tuesday and is asking its associated organization, the Financial Accounting Standards Board, to provide guidance on how to account for those costs.

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

July 11
AT Think The value of partnering with a tax attorney

Unagreed IRS audits are just one area where teaming up can help accountants and tax pros.

July 11

Steven Mopsick

Mopsick Tax Law LLP
AT Think New information about multinational audits may require changes in practice

Starting last month, audit firms must now disclose the names and locations of other auditors participating over a certain percentage of the audit of public companies.

July 10

Lewis Ferguson

PCAOB
Tax tools

Wolcott & Associates’ aviation tax software now available to other firms

The firm now disseminates the software out of a subsidiary company, Flight Tax Systems.

By Ranica Arrowsmith
Technology Editor

July 10
AT Think Confessions of a Millennial CPA: Your boss is asleep

David Isaacs on the literal and figurative consequences of sleeping on the job.

July 7

David Isaacs
International accounting

ACCA sees membership grow

The Association of Chartered Certified Accountants reported a 5.5 percent increase in membership over the past year as it faces renewed competition from the AICPA.

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

July 7

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.