News
The OSCPA prides itself on keeping members and the public up–to–date on issues related to the accounting profession, be it general news about or affecting the profession, accounting and tax code updates, helpful news for consumers, and more.
Auditing Standards Board Issues Clarified Auditing Standard on Service Organizations – Supersedes SAS No. 70
As part of its Clarity Project, the AICPA Auditing Standards Board has issued Clarified Statement on Auditing Standards
Fannie Mae Needs $8.4 Billion More
Fannie Mae asked the U.S. government for an additional $8.4 billion in aid after posting an $11.5 billion net loss for the first quarter.
Federal Program Helps People Pay Off Student Loans
Tuition continues to soar, but there might be some relief for borrowers grappling with student-loan debt: federal income-based repayment programs.
IRS eNews for Tax Professionals
IRS news for tax professionals - May 7, 2010
NAEA Gives Testimony Regarding Preparer Identification Number Regulations
The National Association of Enrolled Agents (NAEA) recently has presented testimony at the Internal Revenue Service Public Hearing on Proposed Regulations.
Report: IRS Loses as People Fail to Comply with IRA Rules
IRA Noncompliance on the Rise
Retaining Top Talent Still a Requirement for Firms
How to keep turnover low when the job market warms up.
The Accountant Magazine Goes Digital
Check out the new page-turnable digital format of The Accountant magazine.
Internships and Wage and Hour Laws
As we enter into internship hiring season, the question, "Do I have to pay an intern?" will inevitably arise.
Mortgage Loan Officer Does Not Meet the Administrative Exemption Test
The Wage and Hour Administrator for the Wage and Hour Division of the Department of Labor will now issue Administrator Interpretations in place of the former Opinion Letters.
