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.
Small Business April 21, 2023
3 Lessons From FTX’s Bad Bookkeeping
New FTX CEO John J. Ray III laid out how a lack of financial and accounting controls helped to doom the company.
April 20, 2023
Your Firm and Your AI (Artificial Intelligence)
Several AI trends can significantly impact a practice and tech stack, which we have discussed in previous columns.
Accounting April 18, 2023
U.S. and Japan Accounting Standard Setters Hold Biannual Meeting
This was the 32nd in a series of meetings between the FASB and the Accounting Standards Board of Japan.
Technology April 11, 2023
Some States Consider Restricting Crypto Mining
Last year, New York became the first state to limit cryptocurrency mining based on energy usage. Lawmakers passed a two-year moratorium on new mining operations that use electricity...
Accounting March 31, 2023
86% of Accountants Expect Technology to Drive their Firms’ Growth in 2023
In 2023, accountants expect to spend an average of $15,800 on technology improvements and upgrades. Nearly half expect to invest in and adopt automation tools...
Accounting March 29, 2023
Sam Bankman-Fried Charged for Bribing Chinese Officials
Sam Bankman-Fried was charged with bribing Chinese officials, adding a new dimension to the U.S. government’s case against the FTX co-founder.
Accounting March 24, 2023
FASB Issues Long-Awaited Exposure Draft on Crypto Asset Accounting
Board said fair value accounting was the right method for crypto assets, not the current cost-less-impairment model.
Taxes March 23, 2023
IRS Sets Initial Guidance on NFTs
The IRS and the Treasury Department are leaning toward treating NFTs as a collectible for tax purposes.
Digital Currency March 23, 2023
Eight Celebrities Busted by the SEC for Illegally Touting Crypto
Actress Lindsay Lohan and social media star and boxer Jake Paul among those who reached settlement with the SEC.
Accounting March 20, 2023
Bitwave to Host 2nd Annual Enterprise Digital Asset Summit
The one-day event includes a lineup of industry-leading experts and is a unique opportunity to learn from and network with some of the most prominent thought leaders in the field.
Accounting March 17, 2023
The Ebb and Flow of the CFO’s Role: It’s Not Just About Numbers Anymore
CFOs are pushing their teams of representatives from across the business (not just IT) to evaluate data analytics and business intelligence tools.
Digital Currency March 1, 2023
Another FTX Executive Pleads Guilty in Billion-Dollar Fraud Case
Nishad Singh, the former head of engineering at FTX, pleaded guilty to wire fraud and several other charges.