The Financial Accounting Standards Board proposed an accounting standards update Tuesday to improve the accounting for purchased financial assets, including those acquired in a business combination.

The Financial Accounting Standards Board recently introduced a significant update to the accounting standards for certain crypto assets, like bitcoin. This update, known as the Accounting Standards ...

Herndon, Va. (Sept. 10, 2003) -- A long-awaited integration between Best Software’s FAS Gov fixed asset management and MIP Fund Accounting product lines for nonprofit organizations and government ...

The Financial Accounting Standards Board (FASB) is seeking comments by Tuesday, June 6 on its newly proposed Accounting Standards Update (ASU). With the world of digital assets moving at lightning ...

The new standard aims to improve accounting treatment of certain digital assets under GAAP and may pave the way for increased institutional adoption. On September 6, 2023, the Financial Accounting ...

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended to improve the accounting for and disclosure of certain cryptoassets. During its recent agenda consultation ...

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for ...

Accounting rulemakers are looking for new ideas on how best to book assets and liabilities when nagging uncertainties or probabilities make their accounting less than straightforward. The Financial ...

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended to improve the accounting for purchased financial assets, requiring that all the assets — with certain limited ...