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 The Spirit of Accounting: Debunking myths about market values — Part 3

Five more misconception find themselves in the crosshairs of Profs. Miller and Bahnson.

February 2

Paul B.W. Miller

University of Colorado and Colorado Springs
AT Think Selling accounting transformation

Are you ready to bring true change to your clients?

February 2

Jody Padar

"The Radical CPA"
Accounting standards

GASB releases guidance for state and local governments on fiduciary activities

The Governmental Accounting Standards Board has published guidance on when liabilities to beneficiaries should be recognized.

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

February 1
AT Think The many faces of practice management

What is practice management software? Depends on who you talk to.

February 1

Ted Needleman

Accounting Today
Audit

CAQ celebrates 10th anniversary with accounting all-stars in Washington

The Center for Audit Quality marked its birthday at an event Monday featuring a roster of high-profile figures in the accounting profession.

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

January 31
Tax season

Making the best of busy season

You may not be able to make the next few months fun, but you might be able to make them less hectic.

By Roger Russell
Senior Editor

January 31
Tax preparation

Are your clients paying too much for tax prep?

Fees are rising, but customers keep coming back.

By Bloomberg News

January 31

Resources

The latest Accounting Today research and discussion:

Accounting firm services

Practice management

Consulting
Trusted Advisor 2.0

By Daniel Hood

September 28
Beyond the Buzz: Moving from AI Hype to Meaningful Impact

Weaving AI into client records, workflows, documents, and billing allows accounting firms increase to by offering client accounting services. Learn why an integrated platform outperforms standalone accounting solutions.

Partner Insights from Canopy
Beyond Research: Unlocking Hidden Value from AI

Generative AI adoption among accounting firms doubled in just one year. But many firms are barely scratching the surface, using AI primarily for tax research rather than to reimagine workflows

Partner Insights from Thomson Reuters

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.