“The change should help MicroStrategy and other companies that hold digital assets to eliminate the poor optics that have been created by impairment losses,” Berenberg Capital analysts say. The United ...

The new standard marks the 11th accounting standards update issued by the FASB this year, up from four for the full 2024 and ...

The Financial Accounting Standards Board (FASB) has published a “fair value” standard for digital assets that seeks to improve the experiences of businesses that hold these assets on their balance ...

In the world of finance, few organizations hold the weight and authority of the Financial Accounting Standards Board (FASB). This board's decisions set the tone for financial practices across ...

The Financial Accounting Standards Board (FASB) is close to issuing final guidance for the accounting treatment of crypto assets. FASB will vote on the guidance in the coming weeks, but the most ...

Many accounting experts are concerned over details of proposed merger accounting rules, with some worrying the new standards will be more open to abuse than the rules they replace. The Financial ...

Today, the Financial Accounting Standards Board (FASB) announced new rules that will require companies to account for cryptocurrencies like Bitcoin at fair value. The rules are set to go into effect ...

The US Financial Accounting Standards Board (FASB) recently issued a comment that will change the manner in which oil and gas companies account for dismantling and removing oil and gas facilities. The ...

The Financial Accounting Standards Board voted to modify its leases standard so some companies won’t have to recognize a heavy loss at the beginning of certain types of lease contracts. The change, ...

Members of the Financial Accounting Standards Board came under pressure to relax fair value accounting rules when banking regulators would not change their capitalization requirements. FASB decided to ...

FASB will explore new rules regarding the accounting for financial instruments with environmental, social, and governance (ESG)-linked features and regulatory credits. FASB added the project to its ...