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.

Audit

The End of Accounting?

Ron Baker dives into the new book, "The End of Accounting"

September 2
Audit

The Decline in Global Audit Quality

A consultant offers ugly truths and realistic remedies

August 31
Audit

The Right Way to Think about Non-GAAP Measures

How can key players in the financial reporting process stay on the good side of non-GAAP use?

August 30
Audit

The Spirit of Accounting

Non-GAAP reporting: Yes, its bad, but it doesnt have to be

August 29
Audit

GASB Proposes Guidance on Extinguishing Debt

The Governmental Accounting Standards Board released on exposure draft proposing guidance on extinguishing debt prior to maturity.

By Daniel Hood
Editor-in-chief

August 29
AT Think Adjusting to FASB's New Not-for-Profit Standard

Nonprofit organizations and their accountants may want to adopt Financial Accounting Standards Boards new standard for not-for-profits early before they have to begin adjusting to some of the other new standards coming out from FASB.

August 25

Michael Cohn
AT Think PwC Offers Quick Take on Lease Accounting Standard

PricewaterhouseCoopers has released a quick overview of the Financial Accounting Standards Boards lease accounting standard.

August 24

Michael Cohn

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.