Accounting Today1d
The changing crypto landscape brings new challenges to accounting
President Donald Trump's return is seen as a positive by experts across the cryptocurrency industry. Accountants' predictions ...
Accounting Today13dOpinion
The future of accounting is semantic
Charles Hoffman believes the accounting profession is poised for a major shift toward machine-understandable artifacts and ...
Two Boards Oversee Public Companies’ Accounting. Why Is One’s Independence More at Risk?
The remaking of the board is far more common at the PCAOB than the FASB—and expected to recur under coming SEC leadership.
JournalofAccountancy13d
FASB proposes series of changes to accounting standards
The "targeted improvements" to the FASB Accounting Standards Codification are a part of an evergreen project focused on making incremental changes to GAAP. Public comments on the ASU, published ...
Inside Bitcoins5d
Elon Musk’s Tesla Reports Bitcoin Gain Of $589 Million Following US Accounting Rule Change
Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in ...
decrypt12d
SEC Rescinds Controversial Crypto Accounting Rule, Signals Regulatory Shift
Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS ...
cfodive7d
Big Four, Apple weigh in on FASB’s proposed software guidance
While changes were suggested, many of the 32 respondents expressed general support for the broader effort to update the ...