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.

California

CalCPA celebrates 125 years of Accountancy Act

CalCPA celebrated the 125th anniversary of the Accountancy Act, kicking off by lobbying at the state capitol in Sacramento.

By Paige Hagy
Reporter

February 11
New Jersey

New Jersey's licensure changes go into effect

New Jersey's law adding another pathway to CPA licensure went into effect today, Feb. 11.

By Paige Hagy
Reporter

February 11
Technology

IAASB to pursue non-authoritative guidance for AI

The International Auditing and Assurance Standards Board has decided to pursue guidance for applying current standards to uses of emerging technology, like AI.

By Chris Gaetano
Technology Editor

February 10
Technology

April: Meeting tax clients where they are

The tax solutions provider isn't aiming to compete with CPAs.

By Chris Gaetano
Technology Editor

February 10
Technology

Botkeeper shuts down

Bookkeeping automation solutions provider Botkeeper is closing down. The company made the announcement over the weekend.

By Chris Gaetano
Technology Editor

February 9
Technology

Pilot launches fully autonomous AI bookkeeper

The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.

By Chris Gaetano
Technology Editor

February 6
Audit

AICPA to propose changes to attestation standards

The Auditing Standards Board will be proposing a set of updates to its attestation standards to address sustainability information and other assurance issues.

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

February 5

Resources

The latest Accounting Today research and discussion:

On-Demand Web Seminar Leveraging technology for your CAS practice

Cloud-based tools are at the core of modern client accounting services, and firms that hope to do well in this hot niche need to understand how to build a tech stack and leverage those solutions for efficiency, profitability, and value for clients.

Sponsored by Avalara
The CAS/bookkeeping opportunity

Joe Woodard lays out the potential size of the market — and what firms need to do make the most of it.

Sponsored by Digits
Practice management

Consulting

CAS
Inside CAS 2.0

By Daniel Hood

July 25

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.