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.

Fraud

Fraud verdict deals blow to short sellers' dwindling ranks

Forensic accounting requires significant resources, including the reserves to fight the legal challenges that are likely to follow.

By Erik Larson
Reporter

June 3
Financial reporting

New guide helps CFOs plan for nature-related risks

The Taskforce on Nature-related Financial Disclosures and Accounting for Sustainability partnered on a new guide to nature-related impacts for finance chiefs.

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

June 2
AT Think What Apple Watches teach us about SQMS monitoring

Ever since the AICPA released new quality management standards, firms have raced to implement them. But like a fitness tracker, the system itself is not the transformation.

June 2

Drew Carrick
Practice management

HBK's Vertilocity acquires tech firm

Vertilocity, an arm of Top 50 Firm Hill, Barth & King, acquired Toledo, Ohio-based technology firm Computol, effective June 1.

By Paige Hagy
Reporter

June 2
CPAs

5 state societies merge to form New England Society of CPAs

The state CPA societies of Maine, Massachusetts, New Hampshire, Rhode Island and Vermont merged to form the New England Society of CPAs.

By Paige Hagy
Reporter

June 1
AT Think AI and accounting firms: The decisions that actually matter

"Will AI automate bookkeeping?" is now settled. Yes, it will. In many firms, it already has. And for the firms that haven't adopted it yet, their clients are starting to. The more useful question is what happens after.

June 1

Jeff Seibert

Digits
SEC regulations

SEC moves to scrap Biden-era rule on climate risk disclosures

The Securities and Exchange Commission wants to formally kill rules that would have required public companies to report greenhouse gas emissions and risks.

By Nicola M White
Reporter

May 29

Resources

The latest Accounting Today research and discussion:

Web Seminar Managing complexity in a modern firm

It should come as no surprise that managing an accounting firm has become more complex over the years. Accounting firm leaders are navigating increasingly complex tax legislation and accounting standards, managing a blended workforce, and juggling complicated internal projects and client needs.

Sponsor Content from Wolters Kluwer
Special Report Building a CAS practice

Building any kind of new practice is a challenge, but the unique characteristics of CAS offerings make it all the more important that firms follow a proven roadmap to success in standing them up.

Sponsored by Avalara
Bookkeeping

CAS

Growth strategies

Research
Exclusive research From Accounting to Advisory: The Evolution of CAS

By Daniel Hood

July 31

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.