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.

Accounting standards

FASB completes conceptual framework

The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that project to a close.

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

July 12
Audit

IAASB offers guidance on auditing less complex entities

The International Auditing and Assurance Standards Board issued new advice for auditing smaller companies.

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

July 11
Technology

Insightsoftware buys LeaseAccelerator

The lease accounting solutions provider is the company's third acquisition this year.

By Chris Gaetano
Technology Editor

July 11
Audit

Hong Kong's audit regulator says allegations against PwC in letter not supported

The Accounting and Financial Reporting Council is still carrying out a separate investigation into audits on China Evergrande Group.

By Bloomberg News

July 11
Practice management

PwC starts mass China layoffs

Following an exodus of major clients, Big Four firm PricewaterhouseCoopers is cutting at least a hundred employees in China.

July 10
Practice management

The Fastest-Growing Firms: Opportunities ahead

Some of Accounting Today's 2024 Fastest-Growing Firms share what they're excited about for the future.

By Daniel Hood
Editor-in-chief

July 10
AT Think Ask what you can do for your profession

Whether there will be a next generation of accountants is, in many ways, up to all of us.

July 5

Daniel Hood

Accounting Today

Resources

The latest Accounting Today research and discussion:

Practice management

Accounting

Workforce management

Employee retention

Recruiting
The future of the accounting workforce

By Daniel Hood

April 27
eBook Bookkeeping onboarding in 2026: The strategic playbook for CPA firms

CPA firm owners & partners: Cut onboarding rework by 30–50%. Download the 2026 Bookkeeping Onboarding Playbook. Free.

Partner Insights from Datamatics Business Solutions Ltd.
Special Report Special Report: The AI-Enabled Accountant

Artificial intelligence won't put accountants out of business; accountants who use AI will put those who don't out of business. And that means firms need to be integrating it into their workflows, skillsets and strategic plans.

Sponsored by Digits

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.