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

GASB looks to improve financial reporting model

The Governmental Accounting Standards Board is asking for comments on how to improve information on government funds.

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

January 4
Accounting regulations

Trump picks lawyer Jay Clayton to chair SEC

President-elect is selecting Sullivan & Cromwell partner to run the Securities and Exchange Commission, positioning a top lawyer to banks and hedge funds to lead Wall Street’s main regulator.

By Bloomberg News

January 4
Accounting standards

AICPA releases revenue recognition guide

The American Institute of CPAs issues online audit and accounting look at impending standard.

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

January 4
Practice management

New year, new plans: Experts share suggestions for firms’ 2017 resolutions

So what are the most important changes to make for the New Year, and how should accountants best implement them? A panel of thought leaders let us in on what changes need to be made and what will make the year tick.

By Sean McCabe
Senior Editor

January 3
Mobile technology

New Products: January 2017

QuickBooks Online certifications; new ways to find needles in haystacks; and other new software, hardware, books and services for accountants.

January 3
Audit

PCAOB staff offers guidance on audit firms' work in China

Public Company Accounting Oversight Board provides answers from staff members to questions about the obligations of registered firms when auditing in Mainland China.

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

December 30
AT Think 2017 in wealth management: Top trends in the coming year for financial planners

Like everything else in our world, change is about to happen both more quickly and more frequently in the planning world.

December 30

John P. Napolitano

Napier Financial

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.