Digital Currency
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BlackLine Launches Studio360 Platform
Bipartisan Bill Would Boost Monthly Social Security Benefits for 2.5M Americans
HubSync Ranked No. 221 Fastest-Growing Company in North America on 2024 Deloitte Technology Fast 500
Treasury, IRS Final Regs on Direct Pay Expand Clean Energy Tax Credit Access
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.
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.
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.
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...
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...
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.
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.
IRS Sets Initial Guidance on NFTs
The IRS and the Treasury Department are leaning toward treating NFTs as a collectible for tax purposes.