Tag: 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 MoreAuditing Showdown with China Nearing a Conclusion?
Remember the Holding Foreign Companies Accountable Act? Securities and Exchange Commission Chair Gary Gensler warned the world last year that the law, which took effect at the end of 2020, could start causing problems in the United States f...
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 MoreRuling Spotlights Hole in Crypto Accounting
If you were one of the millions of viewers who tuned in over the weekend to watch the Los Angeles Rams outlast the Cincinnati Bengals in Super Bowl LVI, you saw a barrage of commercials for cryptocurrencies and crypto-related businesses. On...
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