When Bitcoin debuted in 2009, its price was one-tenth of a cent. Now, a single Bitcoin costs close to $69,000. During its time on the market, the price has repeatedly risen or fallen by thousands of ...
A new tool from digital asset accounting solutions provider TaxBit provides companies with the resources to justify price selections from particular exchanges, as required in recent FASB guidance on ...
SAB 121, which limits banks’ ability to offer custody services for digital assets, has long been a barrier to broader institutional adoption. Adam Guren, founder of Hunting Hill Global Capital, called ...
WASHINGTON, July 9 (Reuters) - Accounting rules that require companies to value hard-to-price assets at current prices are favored by investors and big banks even though critics complain that this has ...
To adopt FASB Statement no. 159, companies must comply with the requirements of Statement no. 157, Fair Value Measurements . Companies and their auditors must consider whether the use of fair value ...
STATEMENT ON AUDITING STANDARDS (SAS) NO. 101, Auditing Fair Value Measurements and Disclosures, gives auditors guidance on understanding how an entity’s management calculates fair value and on ...
WASHINGTON, Sept 23 (Reuters) - Suspending rules that require financial companies to value assets at current market prices would only further erode investor confidence, Federal Reserve Chairman Ben ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results