Here's how the OSCPA Accounting and Auditing Committee answered a question from a member on a GAAP exception for new revenue recognition and lease standards.
A new group of audit reporting standards proposed in November by the AICPA Accounting Standards Board aims to increase the transparency of the auditor’s considerations in issuing an opinion.
As cyber security headaches make their way into everyday business tasks, financial professionals need to consider how these issues will change the way they work in the future.
Ann Gabriel, Ph.D., who was recently selected to join the State Audit Committee, following a recommendation from the Ohio Society of CPAs, says she is “very much excited” about the role.
The Ohio Auditor’s office next week is hosting an event that – among other things – will help Independent Public Accountants understand the state’s “Hinkle System” for filing unaudited financial statements.