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

FASB updates standards for reporting on pensions and other post-retirement benefit plans

The Financial Accounting Standards Board has released an update to improve the financial reporting on pensions and other post-retirement benefits.

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

March 10
Practice management

Former Arthur Andersen chiefs support Andersen Tax in dispute over Andersen name

Two former managing partners and chief executives are weighing in on the legal wrangling over the trademark, as the dispute escalates further.

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

March 8
Accounting fraud

PwC blames ‘mastermind’ Corzine for MF Global failure

PricewaterhouseCoopers LLP is putting the blame on MF Global Holdings Ltd.’s former chairman Jon Corzine for the New York brokerage’s collapse in 2011.

By Bloomberg News

March 8
Accounting software

Case Studies: Client portals

Security is the main advantage of using a client portal, but each portal product has a range of functional beauty (and hassle) that informs which tool will be the best fit for a particular firm.

By Ranica Arrowsmith
Technology Editor

March 8
Tax reform

Shareholders concerned about tax reform and non-GAAP metrics

Deregulation, new accounting standards and an overhaul of the corporate tax code are among the topics likely to come up during annual general meetings this year, according to BDO USA.

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

March 7
Accounting standards

FASB proposes changes in accounting for nonemployee share-based payments

The Financial Accounting Standards Board is asking for feedback on a suggested standards update.

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

March 7
AT Think Tax Strategy: What Trump's executive orders could mean for taxes

The three at issue halted new regulations that haven't yet been published, asked federal agencies to ease the burden of the ACA, and required them to abolish two regs for every new one.

March 7

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.