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 ethics

Industry accounting perceived as less ethical by CPAs

A new study finds a big disparity in how CPAs employed in industry and government see the ethical environment around them compared to public accounting firms.

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

March 14
Audit

EY auditor settles with SEC on insider trading charges

The Securities and Exchange Commission said Tuesday that an auditor in Silicon Valley has agreed to settle insider trading charges.

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

March 14
Financial reporting

BDO updates guide to nonprofit financial statements

The latest edition of the book covers recent changes from the Financial Accounting Standards Board.

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

March 13
Accounting fraud

SEC accuses former executives of stealing millions

The Securities and Exchange Commission has charged two former executives at iPayment, a Westlake Village, California-based credit card processing company, with overseeing a scheme to steal millions of dollars via bogus expense reimbursements, inflated invoices and various accounting maneuvers.

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

March 10
Financial reporting

IIRC leaders plan push for integrated reporting in the U.S.

The new chief of the International Integrated Reporting Council is aiming to build support for integrated reporting in the U.S. as the IIRC begins to gather feedback on how companies are implementing it.

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

March 10
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

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.