NEW YORK, May 1 (Reuters) - Frustrated by news that some financial companies were trying to manipulate the adoption of a new accounting standard, the Financial Accounting Standards Board could move to ...

NEW YORK (Reuters) - U.S. rule-makers are mulling an expansion of fair-value accounting to land and buildings held for investment, a change that could reshape the balance sheets of hundreds of real ...

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In a long-anticipated move, Bloomberg Tax reported that the Financial Accounting Standards Board (FASB) is set to introduce new fair value accounting rules for Bitcoin and other cryptocurrencies.

The Financial Accounting Standards Board (FASB) has adopted Fair Value Accounting for Bitcoin. Companies holding Bitcoin will ...

The United States Financial Accounting Standards Board has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. The rules ...

The U.S. FASB has decided that crypto assets will be represented at their fair value in accounting beginning late next year. Crypto companies and institutions holding crypto assets will be able to ...

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 ...

Treasury Department preparing to exempt crypto holdings from Corporate Alternative Minimum Tax (CAMT), saving companies ...

The National Taxpayers Union Foundation issued a report Friday saying that federal credit programs are costing taxpayers tens of billions of dollars more than estimated because the federal government ...

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 ...

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for ...