31 Oct
FASB Fair Value Accounting for Crypto Assets
The new proposal by the FASB looks to scale up the adoption of digital assets by corporate and institutional bodies. TLDR: The Financial Accounting Standards Board (FASB) meeting held on October 12th came to a few resolutions, which included cancelling
31 Aug
What is Crypto Accounting?
Cryptocurrencies are not actually currency At a first glance, some may expect cryptocurrencies to be accounted for as cash, however, strictly speaking, cryptocurrencies do not fit the mold when it comes to the definition of cash. The Committee observed that
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