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Audit & Assurance

Get the latest news and other developments in audit and assurance.




  • FASB improves guidance on share-based consideration payable to a customer

    May 30, 2025, 00:00 AM by Jessica Barboza
    FASB has published an Accounting Standards Update (ASU) to provide accounting guidance for share-based consideration payable to a customer in conjunction with selling goods or services.
    Full story
  • Financial A&A news from around the web: May 26 – 30, 2025

    May 30, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • FASB issues standard clarifying guidance for identifying the accounting acquirer in a business combination

    May 23, 2025, 00:00 AM by Jessica Barboza
    FASB has published an Accounting Standards Update (ASU) that improves the requirements for identifying the accounting acquirer in FASB Accounting Standards Codification® Topic 805, Business Combinations. The ASU is based on a recommendation of the Emerging Issues Task Force (EITF).
    Full story
  • Financial A&A news from around the web: May 19 – 23, 2025

    May 23, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • PCAOB posts new resources for quality control standard implementation

    May 13, 2025, 02:00 AM by Natalie Rooney
    The PCAOB has posted a new set of staff presentation videos designed to help firms implement four areas of their quality control system under QC 1000, A Firm’s System of Quality Control.
    Full story
  • Financial A&A news from around the web: May 12 – 16, 2025

    May 13, 2025, 02:00 AM by Natalie Rooney
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • House committee votes to shutter PCAOB, make SEC auditor watchdog

    May 5, 2025, 02:00 AM by Natalie Rooney
    The House Financial Services Committee advanced Republican-backed legislation that would scuttle the independent watchdog for accounting firms that audit publicly traded companies and would shift its duties to the SEC.
    Full story
  • Financial A&A news from around the web: May 5 – 9, 2025

    May 5, 2025, 02:00 AM by Natalie Rooney
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • FASB requests public comments on proposal to improve accounting for debt exchanges

    May 1, 2025, 00:00 AM by Jessica Barboza
    FASB has published a proposed Accounting Standards Update (ASU) that would provide accounting guidance for debt exchange transactions involving multiple creditors. The proposed ASU is based on a recommendation of the Emerging Issues Task Force (EITF).
    Full story
  • Financial A&A news from around the web: April 28 – May 2, 2025

    May 1, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • GASB requests input on severe financial stress and probable dissolution disclosures

    Apr 25, 2025, 00:00 AM by Jessica Barboza
    GASB has issued a Preliminary Views (PV) for public comment on proposals associated with accounting and financial reporting for severe financial stress and probable dissolution disclosures.
    Full story
  • Financial A&A news from around the web: April 21 – 25, 2025

    Apr 25, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • Get the tools you need to identify and fight crypto fraud

    Apr 24, 2025, 10:00 AM by Natalie Rooney
    If a CPA hasn’t encountered cryptocurrency on a client’s balance sheet or in a portfolio yet, it’s just a matter of time. Learn more about cryptocurrency and red flags for fraud with Nick Ward, CPA, at the 2025 OSCPA Fraud and Forensic Conference.
    Full story
  • Financial Accounting Foundation Board of Trustees seeks nominations for PCC Members

    Apr 18, 2025, 00:00 AM by Jessica Barboza
    The Board of Trustees of the Financial Accounting Foundation (FAF) announced the Appointments Committee is seeking nominations for new members of the Private Company Council (PCC). New member terms will be for three years beginning Jan. 1, 2026, and ending on Dec. 31, 2028, with the possibility of reappointment to an additional three-year term.
    Full story
  • Financial A&A news from around the web: April 14 – 18, 2025

    Apr 18, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • TIME IS RUNNING OUT - It’s time to renew your OSCPA membership!

    Apr 17, 2025, 02:00 AM by Natalie Rooney
    Your OSCPA membership might be expiring on April 30! Be sure to renew to maintain your access to the resources, connections and solutions engage, enable and empower you and your team.
    Full story
  • PCAOB report notes significant audit improvement across largest accounting firms

    Apr 10, 2025, 00:00 AM by Jessica Barboza
    Inspection staff at the PCAOB expect significant improvements in aggregate deficiency rates across all categories of inspected firms in 2024, as detailed in a new PCAOB staff Spotlight publication.
    Full story
  • Financial A&A news from around the web: April 7 – 11, 2025

    Apr 10, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • GASB staff completes study of GAAP utilization among U.S. state and local governments

    Apr 4, 2025, 00:00 AM by Jessica Barboza
    GASB has completed a study of the utilization of Generally Accepted Accounting Principles (GAAP) by state and local governments in the U.S.
    Full story
  • Financial A&A news from around the web: March 30 – April 4, 2025

    Apr 4, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
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