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

GASB guidance aims to improve government financial reporting

The Governmental Accounting Standards Board released an updated standard to improve some of the main components of the financial reporting model for state and local governments.

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

May 28
AT Think In the blogs: Something fishy

Debate over the Tax Cuts and Jobs Act; assessing last season; Etsy and sales tax; and other highlights from our favorite tax bloggers.

May 28

Jeff Stimpson
FASB

Hillary Salo named FASB vice chair

Having joined the Financial Accounting Standards Board as a technical assistant in 2003, Salo will serve a five-year term on the board starting in July.

By Paige Hagy
Reporter

May 28
AT Think Accountants on the front lines of CSRD

It's logical that accounting and finance will be essential to complying with Europe's new ESG reporting requirements.

May 28

Raymond Leclercq

Board International
Practice management

KPMG agrees to merge U.K. and Swiss operations

The new firm will be led by KPMG's U.K. CEO, Jon Holt, while Stefan Pfister, currently the boss of the Swiss arm, will become deputy CEO.

By Bloomberg News

May 28
AT Think The new CPA exam points to the future for the profession

Accounting needs to evolve in order to face a new reality.

May 24

Corey Heldreth

OLarry
AICPA

AICPA names Carla McCall as new chair

The American Institute of CPAs elected the managing partner of AAFCPAs as its next chair.

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

May 23

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

6h ago
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.