The Financial Accounting Standards Board aims to improving the accounting for purchased loans as it confronts a potential ...

Forbes contributors publish independent expert analyses and insights. Bitcoin journalist and financial analyst based in London. The Financial Accounting Standards Board recently introduced a ...

The new standard aims to improve accounting treatment of certain digital assets under GAAP and may pave the way for increased institutional adoption. On September 6, 2023, the Financial Accounting ...

Business advisers can help guide clients through the tax and accounting considerations of a corporate sale or purchase.

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for ...

The U.S. FASB has decided that crypto assets will be represented at their fair value in accounting beginning late next year. Crypto companies and institutions holding crypto assets will be able to ...

Accounting is a comprehensive system for collecting, recording, classifying, summarizing, interpreting, and communicating financial information. It is often referred to as the language of business as ...

The Internal Revenue Service has provided a safe harbor for certain trusts enabling them to stake their digital assets ...

President Trump’s Digital Asset Working Group has called for FASB to consider whether to treat stablecoins as cash equivalents.