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.

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IFRS Foundation Reduces Size of IASB

The trustees of the IFRS Foundation, which oversees the International Accounting Standards Board, have reduced the boards number of members as part of a constitutional review.

By Daniel Hood
Editor-in-chief

November 30
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Tesla Backs Away from Non-GAAP Metrics after SEC Letters

Automobile manufacturer Tesla Motors is dropping the use of some non-GAAP financial measures in its earnings releases after receiving several letters from the Securities and Exchange Commission criticizing the practice.

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

November 29
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PCAOB Strikes Deal with Italian Audit Regulator

The Public Company Accounting Oversight Board has struck an agreement with Italys audit oversight regulator, Commissione Nazionale per le Società e la Borsa.

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

November 29
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The Spirit of Accounting

Debunking myths about market values Part 1

November 28
Accounting firm services

Pathways to Growth: The 'I' Word

What is sustainable innovation, and how do you do it?

By Gale Crosley
President and Founder

November 28
Accounting firm services

A Leadership Preview

Lessons learned from managing partners at top firms

By Daniel Hood
Editor-in-chief

November 28
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Vinci Plunges after Hoax Report on Financial Irregularities

Vinci SA fell victim to a fake release claiming the French builder had fired its finance chief amid accounting irregularities, prompting the stock to plunge before the company denied the report.

November 23

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.