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.
Accounting February 3, 2023
FASB Votes to Move Ahead with Proposed Crypto Asset Accounting Standard
Companies would be required to measure crypto assets, like Bitcoin and Ethereum, using fair value accounting.
Taxes January 24, 2023
IRS to Use ‘Digital Assets’ Instead of ‘Virtual Currency’ on 2022 Forms 1040
A question regarding digital assets must be answered by all taxpayers on their 2022 income tax returns.
January 17, 2023
How the CPA, CMA and EA Credentials Have Become Global Designations
Rather than being constrained towards a single country, accounting credentials such as Certified Public Accountant (CPA), Enrolled Agent (EA) and Certified Management Accounting (CMA) are quickly turning into global designations.
Accounting January 10, 2023
Not Your Keys Not Your Coins: How to Protect Digital Assets
"Not your keys, not your coins," refers to the importance of digital asset investors having control and sovereignty over the private keys to their crypto wallet(s).
Taxes January 5, 2023
Here Are IRS-CI’s Top 10 Cases of 2022
These cases include IRS Criminal Investigation’s most prominent and high-profile investigations in the past year.
Digital Currency January 3, 2023
Bankman-Fried Pleads Not Guilty, Trial Likely to Begin in October
The not guilty plea puts the case on track for a lengthy trial, which could last at least four weeks.
Digital Currency December 27, 2022
U.S. Investigates How $372 Million Vanished in Hack After FTX Filed For Bankruptcy
The Department of Justice has launched a criminal probe into the stolen assets.
Accounting December 27, 2022
Professionals on the Move – Jan. 5, 2023
Professionals on the Move is a round-up of recent promotions and hiring announcements from around the profession.
Digital Currency December 22, 2022
Sam Bankman-Fried Released on $250 Million Bond in FTX Fraud Case
The bail package requires him to stay with his parents and submit to electronic monitoring.
Firm Management December 20, 2022
3 Communications Opportunities for Accountants in 2023
All indicators suggest the accounting industry is poised for another year of growth. While the economy is uncertain, client needs are expanding, and it’s not time to pump the brakes on investing in your future.
Accounting December 19, 2022
2023 GAAP Financial Reporting Taxonomy is Now Available, FASB Says
The 2023 GAAP Financial Reporting Taxonomy is expected to be accepted as final by the SEC in early 2023.
Digital Currency December 19, 2022
U.S. Regulators Warn About Risks of Deeper Crypto-Wall Street Ties
Officials are concerned about looming threats from the digital-asset industry, much of which operates in regulatory gray areas.