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Category: News

Bitcoin Accounting Keeps Crypto-Gains Under Wraps

Bitcoin Accounting Keeps Crypto-Gains Under Wraps

Bitcoin Accounting Keeps Crypto-Gains Under Wraps

Forget about the tree in the forest. Here’s a new conundrum for public companies to consider: If you make massive gains on bitcoin but can’t brag about it to shareholders, was the investment worth making in the first place? There are plenty...

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SEC's Gary Gensler Batting .500 with Initial Appointments

Gensler Batting .500 with Initial Appointments

SEC's Gary Gensler Batting .500 with Initial Appointments

Newly installed Securities and Exchange Commission Chair Gary Gensler has wasted no time making personnel announcements since his April 17 confirmation. But of the two biggies he’s made thus far, only one is still standing. That’s a .500 av...

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Accounting Issues Warrant Caution on SPACs

Accounting Issues Warrant Caution on SPACs

Accounting Issues Warrant Caution on SPACs

If you need proof that no good deed goes unpunished, look at Luminar Technologies. Like so many other companies in recent years, it went public through a SPAC merger. But when it did the right thing and posed an accounting question to the ...

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ESG Uncertainties Could Cause Clashes

ESG Uncertainties Could Cause Clashes

ESG Uncertainties Could Cause Clashes

Suddenly, a whole lot is riding on how well public companies perform on ESG metrics. Last week, we told you about the emergence of sustainability-linked loans, the latest generation of so-called green loans. Major multinationals such as Bla...

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BlackRock Bets on Its ESG Record

BlackRock Bets on Its ESG Record

BlackRock Bets on Its ESG Record

As the manager of $8.7 trillion in assets, BlackRock has a big voice in the business community. It famously exercises that voice in an annual letter to CEOs, which in recent years has called on corporations to embrace socially conscious bus...

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