Opinion News from Accounting Today

Argentina is quickly becoming a promising offshoring destination, not just for the accounting profession, but for technology and other back-office services.

The United States is closer than it has ever been to a coherent framework for digital assets, and the accounting profession has a direct stake in getting the next few months right.

Four potential obstacles to watch out for on the way to new clients and new services.

Crypto assets do not clearly meet the definitions of cash, financial instruments or inventory under GAAP, leaving preparers uncertain.

If the DOJ can revise immunity language in one of the highest-profile tax settlements in memory, then no closing agreement your client is holding is immune.

While the accounting profession has always been a great choice, it now has entered a particularly exciting period of revolutionary change largely driven by AI.

Taxes don't pause; chaotic policy; larger tax burden; and other highlights from our favorite tax bloggers.

Investment companies may need to reassess valuation policies, disclosures and financial reporting timelines if the proposal is finalized.

The FRONTIER Act is a meaningful step forward. But without contemporaneous records and truly independent verification, oversight begins too late

The top two blockers to advisory growth aren't a lack of client demand — they're internal.

The October tax nightmare is not caused by the deadline. It's caused by treating July and August as downtime.

The 'one-times-revenue' era is over. Today's buyers are paying for durable, transferable cash flow.

The IRS recently changed how it oversees every credentialed tax professional in the country. Most practitioners had no idea it was coming.

There was a time, not long ago, when bookkeeping firms were apprehensive of cloud solutions. Those days are fading for modern bookkeepers.

Client expectations are evolving, and the firms that succeed will be those that adapt accordingly.

Here are five key areas sellers should proactively address to set themselves and their future partners up for long‑term success.

Clients rarely replace trusted advisors because someone makes a bigger promise. Instead, they gradually become convinced that another relationship may create greater value.

Disagreeing with the IRS; daunting levels of debt; Sunshine State; and other highlights from our favorite tax bloggers.

Accounting may be the language of business, but it's not the language of most business owners.

A documented compensation study protects a growing C corporation's biggest deduction from being recast as a dividend.