contents 


Explore bothe the problems and


CPAFOCUS


 surrounding  


Go green! FOCUS 


FOCUS 6 


One accounting educator highlights common problems and possible solutions to accounting education issues.


8  


 suggestions from his


experience on how accounting education can be improved.


14  ECU professor named 2018 Outstanding Accounting Educator.


14  A student accounting organization raised money by auctioning a chance to pie an educator.


FOCUS 4 


Toast our future and celebrate the past.


10 


Many bank management teams are assessing their strategic plans to be either buyers or sellers based on the changing acquisition environment. (Self- study CPE article.)


16  A member suggests state budget solutions may be in professionalizing the process.


18  When employees receive  in retirement, companies must account for those perks.


20 


Many organizations sometimes overemphasize the importance of fraud deterrence, prevention and detection.


22 


Are you successfully planning for and executing the four components of cyber risk management?


CPAFOCUS


Managing Editor Layout/Design


Communications Coordinator


Amy Welch, APR, CAE Alisha Loper


Ashley Trattner


1900 NW Expy, Ste. 910 • Okla. City, OK 73118-1898 (405) 841-3800 • (800) 522-8261 www.oscpa.com


Mission Statement: Te Oklahoma Society of Certified Public Accountants represents Oklahoma CPAs on a timely, responsive and creative basis, by promoting the public image and professionalism of CPAs; by protecting the interests and designation of CPAs; by providing member services, including quality education and opportunities for interaction; and by building and developing leadership skills among CPAs.


CPAFOCUS Editorial Board Members: John E. Curzon, CPA/ABV, CVA, CM&AA, Chair Lisa M. Anderson, CPA/ABV, CDFA Amber Jones, CPA Stephanie Keller, CPA Tamara D. Sponburg, CPA Dr. Katherene P. Terrell, CPA (retired) Jimmy J. Williams, CPA/PFS, CFP®


Contributing Writers: Deborah Beams, CPA Jeffrey K. Collins, CPA David L. Cotton, CPA, CFE, CGGM Leslye Givarz, CPA Sandra Johnigan, CPA/CFF, CFE Gary A. Jones, CPA, CFE John Strange, CPA Doug Van Meter, CPA


Chairman Jane F. Haskin, CPA President and CEO Blaine Peterson, CPA, JD


CPAFOCUS (USPS 018-768) is published bi-monthly by the Oklahoma Society of CPAs, 1900 NW Expy, Ste. 910, Oklahoma City, OK 73118-1898. Periodicals postage paid at Oklahoma City, OK., and additional mailing offices. POSTMASTER: Send address changes to CPAFOCUS, 1900 NW Expy, Ste. 910, Oklahoma City, OK 73118-1898.


Statements of fact and opinion are made by the authors alone and do not imply an opinion on the part of the OSCPA board of directors, members or editorial staff. Advertisements are not an endorsement by the OSCPA.


Send suggestions, contributions and advertising inquiries to the editor at the address above or by email at awelch@oscpa.com.


CPAFOCUS (Print) ISSN 2380-3916


CPAFOCUS (Online) ISSN 2380-3924


24 


Start your summer by catching up on some CPE with these great courses.


26  Salute the members who were promoted, helped in their communities and made the news. Plus, welcome new members.


28 


Peek inside the mind of the CFO for Daylight Donuts.


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