Tag: accounting
FASB Mulls Fair-Value Accounting for Crypto Holdings: Report
“We expect the disconnect between the reported carrying value on our balance sheet and the fair market value of our bitcoin holdings to grow significa [...]
Tether’s Former Auditor Fined $1M by SEC for Sloppy Accounting
The SEC’s order, issued last Friday, details sloppy accounting practices that were common at Friedman LLP from 2015 to 2020, including its failure to [...]
Real-Time Accounting Platform Integral Raises $8.5M in First Round of Funding
Integral builds financial management software for Web3 teams. Real-time analysis of items such as profit and loss statements, balance sheets and cash [...]
Real-Time Accounting Platform Integral Raises $8.5M in First Round of Funding
Integral builds financial management software for Web3 teams. Real-time analysis of items such as profit and loss statements, balance sheets and cash [...]
Trump’s Former Accounting Firm Turns Over Documents to Congress
Mazars USA delivered an initial set of documents related to the former president’s finances to the House Oversight Committee as part of a settlement.
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Binance Bungles Accounting for Helium Tokens, Overpays Clients Millions
The Helium network has two tokens, HNT and MOBILE. Binance counted them as one, HNT, resulting in a windfall for customers who deposited the MOBILE.
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Bed Bath & Beyond taps chief accounting officer as interim CFO after executive’s suicide
Shoppers exit a Bed Bath & Beyond store in New York.Michael Nagle | Bloomberg | Getty ImagesBed Bath & Beyond has tapped its chief accounting [...]
FASB Crypto Accounting Review Won’t Include NFTs, Certain Stablecoins: Report
FASB did not name specific crypto assets that would be excluded from the rule. But it said the digital assets addressed by the rule would include thos [...]
Tether reserve attestations to be conducted by major European accounting firm
In a step toward greater transparency and better alignment with international accounting standards, stablecoin operator Tether Holdings Limited has ta [...]
3 cloud providers accounting for over two-thirds of Ethereum nodes: Data
The majority of 4,653 active Ethereum (ETH) nodes are in the hands of centralized web providers like Amazon Web Services (AWS), which could “expose Et [...]
EY Has Built an Ethereum-Based Product to Help Firms Hit Carbon Accounting Goals
“Blockchain tokens that represent a CPU made in Taiwan, for example, and a display from Japan can transcend boundaries allowing a sum of all the carbo [...]
Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear
Unfortunately, because bitcoin is treated as an indefinite-lived intangible asset, the company is not allowed to increase the value of the bitcoin to [...]
Bed Bath & Beyond names new chief accounting officer in latest executive change as sales plunge
Bed Bath & Beyond on Thursday named a new chief accounting officer, marking another leadership change as the retailer struggles with plunging sale [...]
Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
United States Senator Bill Hagerty has sent a letter, cosigned by four other Republican senators, to Securities and Exchange (SEC) Commission chair Ga [...]
US Air Force taps SIMBA Chain to develop budgeting and accounting system
For many years, the United States Military has been experimenting with blockchain in a number of settings to enhance its operations. Now, the U.S. Air [...]