The new guidance under ASU 2023-08 recognizes crypto assets as intangible assets (similar to existing guidance); however, it ...

This article shares Alexis’ perspective as a recent accounting graduate regarding her studies, motivations and perspectives ...

In Brief While the use of sustainability reporting has grown in the United States in the absence of a legal mandate and as a ...

CPAs need to be aware of current tax developments in key states to properly advise employers and clients doing business in ...

FASB News Proposed New Rules for Environmental Credits and Obligations. FASB has proposed a new accounting standard to ...

In Brief Sustainability reporting in the United States has traditionally been guided by a variety of voluntary standards and ...

Excessive leverage, deficient collateral, volatile pricing, and a liquidity crunch contributed to the downfall of several crypto lenders, hedge funds, and exchanges in 2022—yet these risks were opaque ...

On March 6, 2024, the SEC issued its long-awaited rule aimed at standardized climate-related disclosure for U.S. regis-trants (https://www.sec.gov/newsroom/press ...

Welcome to a time of significant transformation in the accounting profession! As this issue goes to press, generational conversations are happening. An exposure draft of changes to the Universal ...

It is critical that accounting professionals understand the crucial role Generative Artificial Intelligence (Gen AI) plays in reshaping cybersecurity considerations. The threats Gen AI present include ...