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.

Tax fraud

Fighting fraud: How tax pros would do it

Scammers and cheaters make the tax prep process harder for the government, taxpayers and tax preparers alike. Professional practitioners shared what they would do to shut the criminals down.

By Jeff Stimpson
Freelance writer

January 15
AT Think 6 ways to keep payroll data safe

Technology protocols, security measures and proper staff training are key.

January 14

Katie Badeusz

Epay Systems
Audit

Deloitte showcases new technology at Innovation Demo Day event

Firm highlights its latest advances in audit, tax, analytics and consulting at its New York offices.

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

January 12
AT Think The importance of sustainability accounting and reporting in assessing a firm: A student’s perspective

Accounting students have the arduous task of learning how to prepare and analyze financial reports. Like other users of financial data, they may wonder if the numbers alone are enough to evaluate a firm.

January 12

Tracey J. Niemotko

Marist College
Accounting standards

FASB proposes changes on debt classification and inventory disclosures

The Financial Accounting Standards Board has issued a pair of proposed accounting standards updates.

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

January 10
Tax reform

Repatriation strategies may be enhanced by the strengthening dollar

A one-year tax holiday for the more than $2 trillion parked overseas is clearly in the offing, experts say.

By Roger Russell
Senior Editor

January 10
AT Think A small world after all: International markets are ready and waiting

Accounting firms need to start exploring the global opportunities that are becoming available to them.

January 9

Gale Crosley

Crosley+Company

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.