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.

Election 2024

Accountants and the 2024 election: The home stretch

As Nov. 6 gets closer and closer, the accounting profession is leaning heavily Republican.

By Daniel Hood
Editor-in-chief

October 24
Accounting standards

IPSASB issues exposure draft on tangible natural resources

The International Public Sector Accounting Standards Board today issued Exposure Draft 92, Tangible Natural Resources.

By Paige Hagy
Reporter

October 24
Technology

Intuit ProAdvisor Academy offers new training, certifications

Intuit announced the launch of the new ProAdvisor Academy, an expansion of the QuickBooks ProAdvisor Program which offers new training, certifications and badges.

By Chris Gaetano
Technology Editor

October 24
Practice management

Andersen establishes institute for finance, economics

The global professional services firm founded by a group of former Arthur Andersen partners has attracted influential economists to its advisory board.

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

October 23
Audit

PCAOB posts three resources for new standard

The Public Company Accounting Oversight Board posted a practice aid, comparison document and webinar related to the implementation of QC 1000.

By Paige Hagy
Reporter

October 23
AT Think Balancing the interests between attorney-client privilege and the auditor's need to know

Companies often face the tricky task of producing privileged and confidential information to their independent auditors for audit purposes.

October 23

John Carney

BakerHostetler
IMA

Accountants more pessimistic about global economy

Global confidence among accountants globally declined in the third quarter to its lowest level since 2023, although confidence increased in North America.

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

October 22

Resources

The latest Accounting Today research and discussion:

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
The changing world of government financial reporting

The serious new pressures facing governments of all sizes are changing their financial reporting, says GASB Chair Joel Black.

Sponsored by Intuit Quickbooks
Special Report Technology and CAS

Handling the compliance work that is the foundation of modern CAS while also creating time and insights for the advisory overlay that really drives its value to clients requires the careful deployment of a suite of technology tools — and that suite is constantly evolving, meaning accountants need a strategy to keep up.

Sponsored by Canopy

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.