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The system will include an analysis of up to 20 stablecoins based on the quality of attestations on the reserves backing them.
January 27 -
The six largest credit card issuers have set aside billions of dollars worth of reserves in response to the novel coronavirus as well as the adoption of the Financial Accounting Standards Board’s new credit losses standard.
August 3 -
Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as assets probably don’t exist, deepening an accounting scandal that has rattled Germany’s financial industry.
June 22 -
A backlash is growing among regulators and participants against EBITDA — earnings before interest, taxes, depreciation, amortization and coronavirus.
June 12 -
The pandemic and the new accounting standard are leading to lower regulatory capital ratios at global investment banks, according to a new report.
June 4 -
The new credit losses accounting standard is not expected to have a major impact on the loan loss reserves of most large publicly listed U.S. banks, according to Moody’s Investors Service.
January 15 -
Moody’s Investors Service is objecting to a proposal from the Financial Accounting Standards Board to defer the effective dates of its leases, hedging and credit loss standards for private companies and small public companies.
August 22 -
The 2017 tax law had no discernible impact on consumer tax filing patterns or the market share of tax prep vendors, according to a new report from Moody’s Investors Service.
April 29 -
A new limit on state and local tax deductions isn’t forcing taxpayers to leave some states, according to Moody’s Investor Service.
April 9 -
The ratings agency is putting the spotlight on accounting in the first of a series of reports.
February 21 -
The financial health of Magnolia Regional Health Center, a 200-bed public hospital in northern Mississippi, has gone from fair to serious condition all because of an accounting rule.
May 10 -
Changes to the tax code may restrict growth in philanthropy to U.S. higher education to less than 6 percent this year, according to a report this week from Moody’s Investors Service.
February 22 -
Congress is giving finance officials at America’s colleges and universities even more to worry about.
December 11 -
Steinhoff International Holdings NV bonds extended losses after Moody’s Investors Service slashed the credit rating to junk in the wake of an accounting scandal that’s threatening the survival of the global furniture and clothing retailer.
December 8 -
The upcoming revenue recognition standard is likely to accelerate the earnings of many software companies, with many developers likely to transition from upfront license sales to subscriptions, according to a new report.
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