The FASB’s proposed new rule trying to tighten segment disclosures does not go far enough although segment disclosures are hugely important to investors and citizens. Legal workers carry documents for...
Tag: FASB
Why Investors Need Better Corporate Tax Disclosures- Part II
In Part II, I review the commonly used corporate techniques to shelter profits in overseas low tax havens and why an ESG investor might want to push for more transparent jurisdiction by jurisdiction d...
Did Investor Interest In Financial Reporting Peak With Enron?
Near zero interest rates for more than a decade, passive indexing, the rise of machine learning and the absence of an accounting accident since Enron are the key reasons for declining investor interes...
FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ
The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported on Aug. 31, citing sources. According to th...
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 those that are intangible, don’t carry contractual rig...
Michael Saylor welcomes FASB vote to review crypto accounting standards
FASB is set to review its accounting rules for digital assets New standards could see firms no longer be required to report crypto such as BTC as intangible assets on their balance sheets Companies a...
This Decision By FASB Towards Crypto Will Be A Breakthrough In The Future! How Will BTC Price React Now ?
Bitcoin’s price has collapsed to its lowest in 16 months today amidst the huge sell-off of the digital assets in the crypto market. Other major cryptocurrencies that saw a downfall alongside these ris...
Michael Saylor joyous at FASB decision to review crypto accounting rules
The Chief Executive Officer of MicroStrategy and Bitcoin maximalist Michael Saylor has expressed excitement about the U.S. Financial Accounting Standards Board (FASB) decision to review rules for cryp...
FASB Votes to Review Accounting Rules for Crypto on Balance Sheets: Saylor
The Financial Accounting Standards Board (FASB) has unanimously voted to review accounting rules for exchange-traded digital assets in the United States. This could have major implications for corpora...
FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report
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Unsolicited Advice For The ISSB
Be bold, brave but pragmatic. Above all, don’t become a navel gazing bureaucracy. TOPSHOT – Indian scavengers look for coins and re-usable items in the Yamuna river / AFP / PRAKASH … [+] S...