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.

Tax

IRS proposes new requirements for tax pros

If enacted, the regs would require practitioners to maintain a certain level of technological competence, among other things.

By Jeff Stimpson
Freelance writer

December 23
Practice management

Accounting in 2025: The year ahead in numbers

Accounting Today's annual survey reveals firms' expectations, worries and plans for the next 12 months.

By Daniel Hood
Editor-in-chief

December 20
SEC

SEC charges Entergy with internal accounting controls violations

The Louisiana-based utility company paid the Securities and Exchange Commission $12 million to settle the charges.

By Paige Hagy
Reporter

December 20
Accounting standards

FASB asks for input on accounting for intangibles

The Financial Accounting Standards Board issued an invitation to comment on whether to pursue a project on accounting for intangible assets.

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

December 19
Accounting standards

Report finds Private Company Council effective

The Financial Accounting Foundation report found the Private Company Council has been performing its duties effectively and should continue to operate.

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

December 19
Practice management

The 2024 Top 100 People: Work-life balance — myth or reality?

The profession's most influential ponder whether personal and professional commitments can exist in harmony.

By Danielle Lee
Editor-in-Chief

December 18
Practice management

2024 Top 100 People extra: Striking a balance

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "Do you feel you have work-life balance? If so, how have you achieved it?"

December 18

Resources

The latest Accounting Today research and discussion:

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
Predicting the next 15 years in accounting

Take a look at what the accountant and the accounting firm of the future will look like with AICPA chief Mark Koziel.

Sponsored by BILL

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.