Tag: FASB
FASB Confirms 'Fair Value' Approach for Corporate Crypto Holdings
The Financial Accounting Standards Board, a U.S. entity that details how companies should report assets on their balance sheet, published a standards [...]
Mark to market accounting meets crypto: New FASB changes
In early September 2023, the US Financial Accounting Standards Board (FASB) finally approved the commonly accepted accounting practice of mark to mark [...]
Corporate Bitcoin (BTC) Adoption Seen Increasing After FASB Vote
Currently, accounting rules only let companies record increases in the value of their digital assets when they sell them – though losses are reflected [...]
FASB rules ‘eliminate the poor optics’ that shied firms from crypto: Analyst
The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holdi [...]
Bitcoin Price (BTC) Little-Changed at $25.7K After FASB and Ether ETF News
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Bitcoin (BTC) and Other Crypto Assets Should Be Marked at Current Values, Says FASB
The FASB, which is a nongovernmental standard-setting board overseen by the U.S. Securities and Exchange Commission (SEC), had proposed the rule in Ma [...]
FASB guidelines could ‘smooth the way’ for broader crypto adoption
The United States Financial Accounting Standards Board (FASB)’s decision to allow companies to use “fair value” to account for their crypto holdings c [...]
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 [...]
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 [...]
Michael Saylor welcomes FASB vote to review crypto accounting standards
Bitcoin proponent and MicroStrategy CEO Michael Saylor has welcomed the U.S. Financial Accounting Standards Board (FASB) vote to review accounting rul [...]
FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
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