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.

AT Think Taking time for more: Maximizing PFP opportunities during tax season

This is your clients' time to communicate directly with you: Even the once-per-year tax clients need to interact with you -- so you have two choices.

March 3

John P. Napolitano

Napier Financial
Accounting fraud

Mexican homebuilder charged in $3.3B accounting fraud exposed by satellite images, SEC says

Homex allegedly falsified sales of over 100,000 homes to inflate revenue for three years in a row.

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

March 3
Practice management

Practice Profile: Kruze Consulting’s entrepreneurial spirit attracts Silicon Valley clients

Helmed by startup veterans, the Bay area accounting firm applies lessons in VC funding and tech agility to expand its business.

By Danielle Lee
Editor-in-Chief

March 3
Mobile technology

AI-driven app Talk lets users speak transactions into record

The new mobile tool syncs with spreadsheets, online accounting software, scanners and GPS mileage trackers.

By Ranica Arrowsmith
Technology Editor

March 3
Accounting fraud

Oscars blunder adds risk for PwC defense at MF Global trial

PricewaterhouseCoopers LLP’s epic screw-up at the Oscars could carry a high cost if jurors arrive at a malpractice trial next week suspecting the global accounting firm is error-prone.

By Bloomberg News

March 3
International accounting

Firms vie over rights to Arthur Andersen name

A company calling itself Arthur Andersen announced it has reconstituted the former Big Five firm in 16 countries, but its rights to the brand are being challenged by another firm that took the Andersen name in 2014.

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

March 2
Financial reporting

IIRC seeks feedback on integrated reporting implementation

The International Integrated Reporting Council is asking for comments on how companies are using the framework it issued three years ago for reporting on matters beyond simply a company’s financials.

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

March 2

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.