Public Companies Section
Legislative and regulatory reforms have increased the compliance burden and level of scrutiny on public companies. To help our members meet these challenges, OSCPA is launching a Public Company Special Interest Section. Members will get the latest developments on pubic company requirements from the SEC, FASB and Congress, among others, and find out the developing issues that public company CPAs need to know.
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Jan 03, 2013
FAF has expressed its support of a proposal to create a new Accounting Standards Advisory Forum of international standard setters, but is taking issue with a requirement that participants need to make a commitment to IFRS.
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Dec 21, 2012
The SEC has approved PCAOB Auditing Standard No. 16, Communications with Audit Committees, and related amendments to PCAOB standards that were designed to help external auditors communicate effectively with audit committees during public company audits.
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Dec 18, 2012
Have you ever wondered what your people really think about you in your role as a leader? In my conversations with various groups of people who work in public accounting firms, I hear all kinds of stories.
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Dec 09, 2012
The PCAOB has published a Staff Audit Practice Alert to remind auditors of their requirement to exercise professional skepticism throughout their audits.
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Nov 30, 2012
The SEC has approved a new rule directing national securities exchanges to adopt specific listing standards governing the independence of public company compensation committees and compensation advisers. The rule, 10C-1, is mandated under Section 952 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The SEC regulates securities exchanges, which in turn have detailed rules for companies that list their securities for trade on the exchanges.
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Nov 29, 2012
Mary L. Schapiro, who has led the SEC for four years, announced Monday that she plans to step down from her post on Dec. 14. President Obama has chosen SEC commissioner Elisse Walter to succeed Schapiro as chair.
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