SEC December 2, 2024
Trump Team Eyes Ex-SEC Commissioner to Succeed Gary Gensler as Chair
Paul Atkins, who is a strong proponent of digital assets and fintech companies, is a leading contender to head the SEC.
Digital Currency September 22, 2023
Sam Bankman-Fried’s Bid for Jail Release Denied by Appeals Court
The former FTX co-founder has been dealt a series of setbacks as he gears up for his fraud trial, which is scheduled in two weeks.
Accounting September 12, 2023
The Accounting Technology Lab Podcast – Review of Audit Sight – Sept. 2023
Technologists Randy Johnston and Brian Tankersley, CPA, discuss Audit Sight, a technology platform that eliminates manual work for auditors, diligence and private equity providers by automating financial transaction verification.
Accounting September 12, 2023
Deloitte and Bitwave Partner for Digital Asset Accounting and Compliance
Alliance brings together Bitwave's software platform with Deloitte's accounting, tax and governance, risk and controls advisory services.
Accounting September 11, 2023
TaxBit Announces AI Enabled Rules Engine for Crypto Accounting
Users can now create an automated data flow, so reconciled transactions appear in the correct locations in a business's chart of accounts.
Accounting September 7, 2023
FASB OKs New Crypto Assets Standard
The new rules will require certain cryptocurrency assets, such as Bitcoin and Ethereum, to be measured at fair value.
Taxes September 6, 2023
How to Determine the Nature and Taxability of NFTs
Is the sale of an NFT subject to tax? Should it be? While lawmakers and tax officials worldwide have at least 91.8 million reasons to ensure tax laws account for sales of NFTs and other new tech, crafting tax policies for NFTs is difficult.
Accounting September 5, 2023
AICPA News – Sept 2023
AICPA News is a roundup of recent announcements from the American Institute of Certified Public Accountants.
Accounting August 29, 2023
Institute of Internal Auditors’ to Hold Financial Services Exchange Sept. 11-12 in D.C.
The Exchange provides internal auditors in the financial services space with the opportunity to share their greatest takeaways, tools, and techniques with other leaders.
Taxes August 25, 2023
Treasury, IRS Unveil Long-Delayed Crypto Tax Reporting Rules
The proposed regulations are viewed by backers as critical to policing a largely unregulated sector plagued by tax avoidance.
Taxes August 23, 2023
Where the Republican Presidential Hopefuls Stand on Taxes, Other Economic Issues
11 candidates' positions on issues such as the Trump tax cuts, trade with China, energy, banking, Federal Reserve, and inflation.
Firm Management August 22, 2023
Five Ways to Secure Millennial and Gen Z Accounting Talent
A global accounting industry survey of more than 6,000 accountants and auditors conducted earlier this year revealed the No. 1 challenge respondents currently face is attracting and retaining skilled talent.
Taxes August 16, 2023
CPAs to Clients: The IRS is Coming for Cryptocurrency
As more people become interested in buying and selling digital assets, the IRS is ramping up its crypto tax enforcement efforts.