Crypto at fair value: Inside FASB's decision
Accounting Today
Accounting Today, an Arizent brand, is the independent news and information resource for tax and accounting professional
Board staff believe the approach better aligns measurement of crypto assets with that of other assets used for investment purposes, and more of today’s top stories.?
Sign up here to receive Accounting Today's Daily Newsletter — delivered to your inbox every morning.
The Financial Accounting Standards Board was unanimous in supporting the rule.?
In other news today:
The Organization for Economic Cooperation and Development introduced a framework this week for the automatic exchange of information between countries on crypto-assets, in response to a request from the G20 financial leaders.
The Treasury Department and the Internal Revenue Service issued final regulations to eliminate a so-called "family glitch" in qualifying for premium tax credits.
Thomas has been leading the state society since 1999.
The accounting software provider has acquired Spherics as part of its sustainability strategy.
The service posted drafts of the upcoming Schedule UTP form and instructions in an effort to improve the forms' usefulness.