October 20, 2022
FASB (Finally) Backs Fair-Value Accounting for Cryptocurrency Assets
Cryptocurrency enthusiasts don’t exactly seem like rule-following types. In fact, defying conventi...
Category: Accounting
October 11, 2022
U.S. Government Officials Move to Curb Money Laundering
This year, America said goodbye to its favorite money-laundering family with the final season of the...
October 4, 2022
Audit Failures Lead to SEC Action Against Deloitte-China
Some auditors in the Chinese affiliate of Big Four accounting firm Deloitte have apparently been tak...
September 29, 2022
Financial Accounting Standards Board Nearing New Disclosure Rules for Joint Ventures
In August, Honda and LG Energy Solution revealed that they would be investing $4.4 billion to deve...
September 20, 2022
Breaking Down the PCAOB’s Five-Year Strategic Plan
Since Erica Williams became chair of the Public Company Accounting Oversight Board in January, the o...
September 1, 2022
U.S. and China Finally Have an Audit Agreement, or Do They?
If you’re confused about where things stand in the squabble between U.S. regulators and Chinese au...