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

PCAOB quizzes auditors on new confirmation standard

The Public Company Accounting Oversight Board posted a new "knowledge check" to help auditors gauge their understanding of AS 2310.

By Paige Hagy
Reporter

February 27
IFRS

IASB updates IFRS for SMEs

The update aims to balance the needs of users of small and midsized entities' financial statements with resources available to SMEs.

By Danielle Lee
Managing Editor

February 27
AT Think Has accounting lost its way?

What makes a great accounting firm great needs to be its focus.

February 27

Gary Shamis

Winding River Consulting
AT Think Financial fundamentals: A CPA advantage

Helping business owners understand the flood of accounting and financial data they face is a major opportunity for accountants.

February 27

Edward Patton

Patton Trenders
GASB

GASB posts report on fair value standard

The Governmental Accounting Standards Board published a post-implementation review report on GASB Statement No. 72, Fair Value Measurement and Application.

By Paige Hagy
Reporter

February 26
Audit

PCAOB ramps up enforcement as it faces possible shutdown

The Public Company Accounting Oversight Board increased its enforcement activity in 2024 to its highest level since 2017, according to a new report.

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

February 26
AT Think Navigating family office reporting

A diverse range of financial investments and assets adds another layer of complexity for accountants working with family offices.

February 26

Ben Taylor

SoftLedger

Resources

The latest Accounting Today research and discussion:

eBook Bookkeeping onboarding in 2026: The strategic playbook for CPA firms

CPA firm owners & partners: Cut onboarding rework by 30–50%. Download the 2026 Bookkeeping Onboarding Playbook. Free.

Partner Insights from Datamatics Business Solutions Ltd.
Special Report Special Report: The AI-Enabled Accountant

Artificial intelligence won't put accountants out of business; accountants who use AI will put those who don't out of business. And that means firms need to be integrating it into their workflows, skillsets and strategic plans.

Sponsored by Digits
Practice management

Accounting

Top 100 Firms
Top takeaways from the Top 100 Firms

By Daniel Hood

March 30

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.