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 fraud

The tremendous impact of the Dodd-Frank Whistleblower Program in 2016

In its annual report to Congress, the SEC acknowledged that fiscal year 2016 was historic for fraud tipsters.

By Eduardo Singerman and Paul Hugel

December 28
AT Think Preventing tax-related ID theft

The owner of a small tax practice shows how everyone can make a difference in the fight against this scourge.

December 27

Scott Dishman

HK Tax Service
AT Think The Spirit of Accounting: Debunking myths about market values — Part 2

The January column takes on more misconceptions about market values.

December 23

Paul B.W. Miller

University of Colorado and Colorado Springs
Audit

Hanson resigns from PCAOB

The board member submitted his resignation to the SEC on Friday, Dec. 23, almost two years before the end of his appointed term.

By Daniel Hood
Editor-in-chief

December 23
Data security

Start safeguarding your clients’ data

The IRS has tips for tax preparers to prevent identity theft in the approaching filing season.

By Jeff Stimpson
Freelance writer

December 23
Accounting standards

FAF names new trustees

The Financial Accounting Foundation is filling three soon-to-open seats on its board.

December 23
Audit preparation

The 12 Days of Audit

Instead of random Christmas fowl and fruit trees, BKR International has a dozen seasonally appropriate reasons your clients should seek your attest services.

December 22

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.