In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden […]
Category: accounting
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Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains […]
Members of Congress are trying to delete the controversial U.S. Securities and Exchange Commission accounting bulletin that implies restrictions on […]
The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial “Staff Accounting Bulletin 121,” […]
The Bitcoin miner received a letter from the Securities and Exchange Commission highlighting accounting mistakes it made on multiple financial […]
One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to […]
The Financial Accounting Standards Board made a change in October to help public companies that hold cryptocurrencies on their balance […]
“If you’ve made a sale during the tax year, and you’ve sold at a loss, there’s basically a benefit there,” […]