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.

FinCEN

Judge nixes FinCEN residential real estate rule

A Texas judge struck down a rule requiring professionals engaged in real estate closings and settlements to report information about nonfinanced transfers.

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

4h ago
AT Think Competency matters more as tax rules grow more complex

The goal of regulation should not be unnecessary burdens or barriers to entry. The goal should be confidence that taxpayers are receiving reliable guidance.

5h ago

Scott Artman

National Association of Tax Professionals
SEC

SEC lays out policing plans after enforcement head exits

The acting head of the Securities and Exchange Commission's enforcement division said he'll focus on "quality over quantity" in bringing cases.

By Bloomberg News

7h ago
PwC

World Bank bars three PwC Africa units from deals for graft

PricewaterhouseCoopers network affiliates in Mauritius, Kenya and Rwanda can't provide professional services for projects financed by the institution for 21 months.

By Bloomberg News

March 19
Practice management

KPMG names next global chairman, CEO

KPMG International elected Gary Wingrove as its next global chairman and CEO, succeeding Bill Thomas in a four-year term, effective Oct. 1, 2026.

By Paige Hagy
Reporter

March 18
AT Think How CPAs can build relevance with continuous upskilling

Today, we all have an opportunity to move beyond a compliance exercise measured in credit hours and embrace CPE as a strategic engine that drives innovation.

March 18

Jen Cryder

Pennsylvania Institute of CPAs
Lawsuits

Accounting-related class actions plunge to record low

The number of accounting-related securities class action filings plummeted 40% last year, according to a new report, but the total settlement value rose 40%.

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

March 18

Resources

The latest Accounting Today research and discussion:

Web Seminar The Intersection of Financial Planning and Accounting

Many business owners wish they could get financial planning advice from their accountants, but practitioners have often held back, concerned about risk, conflicts of interest, or simply lack of time.

Sponsored by 8am CPACharge
Practice management

Artificial intelligence

CAS

Technology
The meeting of CAS and AI

By Daniel Hood

March 16
Talking Points When your client considers selling their business, your guidance matters.

The fastest way to add value is to help them understand what drives premium outcomes: early preparation, clear positioning, and a disciplined, buyer-competitive process.

Partner Insights from Peakstone Group

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.