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The board proposed an update to improve the accounting for purchased financial assets, including those acquired in a business combination.
June 27 -
The Financial Accounting Standards Board released a new chapter of its Conceptual Framework describing a reporting entity.
June 8 -
Regulatory uncertainty makes it difficult for treasuries to hold digital assets.
June 7TaxBit -
The board has been receiving comments as it works to impose the first rules ever for how companies should report on their cryptocurrency holdings.
May 16 -
Danielle Pollock became one of the seven students to be selected for the board's Postgraduate Technical Assistant program.
May 15 -
The foundation appointed the managing partner of assurance and risk at Baker Tilly, Jere Shawver, as the next chair of the council.
May 12 -
Crypto can be subject to major price volatility that is inconsistent with cash or a cash-equivalent treatment.
May 1BakerHostetler -
The foundation is adding a place on its website where people can raise concerns about the standard-setters not following due process.
April 26 -
Plus, Traphagen shaves for charity; YPTC named four new regional directors; and other firm and people news from across the profession.
April 14 -
The Financial Accounting Standards Board proposed updates to its U.S. GAAP Financial Reporting Taxonomy to reflect a new proposed standard on crypto assets.
April 11