Category: Accounting
SubscribeFASB Begins Process of Setting Accounting Standards for Environmental Reporting
Summer is the season for projects. As day-to-day life slows down for a few months, the most industrious among us often use the break to knock out nagging tasks that have been sitting on to-do lists. DIYers – those fanatics who spend their d...
Read MoreCrypto Accounting Rules Could Make for Messy Financial Statements
For any job seekers who are familiar with cryptocurrencies, the Securities and Exchange Commission is hiring. The agency announced earlier this month that it has added 20 new positions to the Crypto Assets and Cyber Unit in its Division of...
Read MoreFog of War in Russia Impairs Visibility into Companies’ Finances
Hundreds of multinational corporations have ceased doing business in Russia in the weeks since President Vladimir Putin ordered the invasion of neighboring Ukraine in February. While the withdrawal en masse of major business interests stand...
Read MoreShaky Accounting Calls Corporate Emissions Data Into Question
A sharp decline in greenhouse gas emissions represented one of the few positive developments to come from the coronavirus-induced slowdown of 2020. As people put life on pause to combat the spread of the virus, U.S. carbon emissions dropped...
Read MoreSEC Exercises Patience in Enforcing New Lease Accounting Standard
Parents have an instinctive sense of which household rules to enforce ruthlessly (“don’t lie” comes to mind), and which to be more lenient with (curfews, maybe). As it turns out, the same can be said of the Securities and Exchange Commissio...
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