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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After looking into the role of the auditors in the recent accounting scandals at camera-maker Olympus Corp., Japan's Financial Services Agency ordered KPMG Azsa LLC and Ernst & Young ShinNihon LLC to improve their systems -- though it noted that it had not found "any intentional acts or grave negligence."
July 6 -
The International Public Sector Accounting Standards Board has released for comment a consultation paper on its future work program for the next two years.
July 5 -
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Other companies' and countries' experiences offer useful lessons in preparing your clients for adopting IFRS
July 1 -
the trustees of the Financial Accounting Foundation's board of trustees voted in late May to establish a new Private Company Council that will determine whether exceptions or modifications to U.S. GAAP for privately held companies are necessary -- and gathered crucial support from various professional bodies, most notably the American Institute of CPAs.
July 1 -
Robert Pozen suggests an alternative to audit firm rotation
July 1 -
Fitch Ratings said that two recently released pension accounting and financial reporting standards from the Governmental Accounting Standards Board are generally positive for state and local governments.
June 29
