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Category: Accounting

Eco-friendly lounge set with carbon offsets

FASB Begins Process of Setting Accounting Standards for Environmental Reporting

Eco-friendly lounge set with carbon offsets

Summer is the season for projects. As day-to-day life slows down for a few months, the most industrious among us often use the break to knock out nagging tasks that have been sitting on to-do lists. DIYers – those fanatics who spend their d...

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Football Game Official Discussing Intangible Assets

Crypto Accounting Rules Could Make for Messy Financial Statements

Football Game Official Discussing Intangible Assets

For any job seekers who are familiar with cryptocurrencies, the Securities and Exchange Commission is hiring. The agency announced earlier this month that it has added 20 new positions to the Crypto Assets and Cyber Unit in its Division of...

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Foggy Pine Forest in Ukraine

Fog of War in Russia Impairs Visibility into Companies’ Finances

Foggy Pine Forest in Ukraine

Hundreds of multinational corporations have ceased doing business in Russia in the weeks since President Vladimir Putin ordered the invasion of neighboring Ukraine in February. While the withdrawal en masse of major business interests stand...

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Wind turbine near a Factory: Eco-friendly power source, reducing emissions

Shaky Accounting Calls Corporate Emissions Data Into Question

Wind turbine near a Factory: Eco-friendly power source, reducing emissions

A sharp decline in greenhouse gas emissions represented one of the few positive developments to come from the coronavirus-induced slowdown of 2020. As people put life on pause to combat the spread of the virus, U.S. carbon emissions dropped...

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Leased office space with retail options

SEC Exercises Patience in Enforcing New Lease Accounting Standard

Leased office space with retail options

Parents have an instinctive sense of which household rules to enforce ruthlessly (“don’t lie” comes to mind), and which to be more lenient with (curfews, maybe). As it turns out, the same can be said of the Securities and Exchange Commissio...

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