Accounting and Auditing Section

In an environment of heightened scrutiny of accounting and auditing standards, members of OSCPA’s Accounting & Auditing Section benefit from the latest news and expert opinion.

Learn about major initiatives from FASB, the SEC, the PCAOB, the ASB, the AICPA, and the IASB, among many others.

Latest News:

  • Dec 18, 2019

    Half of U.S. CFOs expect recession in 2020 as election looms

    More than half of U.S. businesses expect a recession to occur in 2020, coinciding with the timing of the presidential election, according to fourth-quarter results from the Duke University/CFO Global Business Outlook.
  • Dec 18, 2019

    Corporate payments fraud skyrockets during holiday season

    The holidays are unfortunately one of the busiest times of the year for fraudsters looking to capitalize on the surge of shopping and payments activity. In the U.S., the FBI recently issued a warning for holiday shoppers of a new scam called eSkimming, in which cyber criminals hack into legitimate online retailer websites to steal shoppers’ credit and debit card details.
  • Dec 18, 2019

    Business and industry news from around the web: December 16 – 20, 2019

    In case you missed them, here are some recent interesting business and industry news items from around the web.
  • Dec 17, 2019

    FinREC seeks feedback on insurance entities working drafts

    The new FASB accounting standard on Long-Duration Contracts makes targeted improvements to the existing recognition, measurement, presentation, and disclosure requirements for long-duration contracts issued by an insurance company.

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