The Internal Revenue Service is currently drafting proposed regulations on digital asset reporting requirements, but their final direction remains uncertain. The Tax Reporting Conference, held each ...
Cryptoasset holders — and the CPAs who advise them — have the opportunity to early adopt favorable new accounting rules that officially take effect from December 2024. FASB’s new guidance, which goes ...
Certain topics have been removed from the standard, including earnings per share, interim financial reporting.
The Governmental Accounting Standards Board is considering changes in the financial reporting rules for infrastructure assets and is looking for feedback. GASB issued a preliminary views document on ...
Michael Saylor‘s Strategy Inc. (NASDAQ:MSTR), formerly MicroStrategy, was hit with a lawsuit, specifically after adopting the new accounting rules of reporting cryptocurrency assets on its financial ...
The joint venture is what is known in accounting parlance as a variable interest entity, or VIE for short. That term means ...
The accounting world faces major changes in 2025 as cryptocurrencies and digital assets become more common in business. Companies large and small now hold Bitcoin, Ethereum, and other digital ...
In the latest move by TradFi institutions pivoting to embrace the blockchain and tokenized asset space, the banking giant BNY has debuted a real-time reporting tool (Digital Assets Data Insights) in ...
Cryptocurrency continues to reshape the financial landscape. As cryptocurrency moves from niche to mainstream, companies are ...
The AICPA updated its digital assets practice aid to assist practitioners with scenarios involving crypto lending and borrowing. Accounting for and Auditing of Digital Assets features a new chapter in ...
DENVER, Nov. 19, 2025 /PRNewswire/ -- Netgain, the company powering the next generation of accounting teams, today announced the release of a modern fixed asset tax depreciation solution that replaces ...
New York, NY, Aug. 01, 2025 (GLOBE NEWSWIRE) -- SEDA Experts LLC, a leading expert witness firm providing world-class financial expert witness services, announced today that Eric Jacobs joined the ...