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 standards

Companies procrastinate on lease accounting changes

Eighty percent of CFOs at U.S. companies have not yet begun the transition to the upcoming leasing standard, according to a new survey.

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

March 28
Accounting fraud

Tesco to pay $269M over U.K. accounting scandal

The British grocery company agrees to a 214 million pound penalty to resolve regulatory probes.

March 28
Tax season

Preparers combat seasonal stresses

Tax practices are looking for ways to keep employees engaged during busy season.

By Roger Russell
Senior Editor

March 28
Tax reform

The intersection of entity choice and tax reform

The proposed changes to the Tax Code could have major ramifications for S corps, C corps and LLCs.

By Roger Russell
Senior Editor

March 28
Accounting standards

Revenue recognition standard will require new disclosures

The new revenue recognition standard is going to force many companies to make new disclosures, but they shouldn’t wait until the last minute to get ready, warns a recent report.

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

March 27
Accounting software

Sensiba San Filippo now offers BlackLine close management software

The firm’s clients will have access to the platform, as well as implementation help and training.

By Ranica Arrowsmith
Technology Editor

March 27
AT Think Managing a disaster

Accounting firms can learn a lot from how PwC handled the Oscars

March 27

Daniel Hood

Accounting Today

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.