Crypto Accounting and Disclosure
Jeffrey A. Ford
November 7, 2024
Though many companies have been investing in crypto assets for several years, the FASB had remained silent on the matter
Though many companies have been investing in crypto assets for several years, the FASB had remained silent on the matter
Businesses planning to form a joint venture, which is defined as “an entity owned and operated by a small group
ASU 2021-07 provides a “practical expedient” for private companies to use to determine the fair value of equity-based compensation. This
ASC Topic 718, Compensation-Stock Compensation directs accounting for share-based compensation awards such as share-option awards, which are classified as either
Global market participants are moving to transition from using or referencing the LIBOR and similar interbank-offered rates to alternative reference
With the return of inflation at levels not seen for decades, the LIFO (last-in, first-out) method of inventory costing may
New audit independence guidance becomes effective in January 2022 for U.S. audit firms that provide technology services. A few of
The CARES Act created the Paycheck Protection Program (PPP) to provide loans to assist businesses and not-for-profit (NFP) organizations through
Under U.S. GAAP, the accounting treatment of costs for internal-use software implementation varies, based on when they were incurred. Read
The long-awaited new FASB standard on lease accounting was issued in February 2016. ASU 2016-02 aims to ensure greater transparency
