Businesses and executives are increasingly realizing there’s a whole new level of complexity lying just beneath crypto’s binary-coded surface, mainly how to account for it, how the accounting ...

Accounting uses a lot of abbreviations. GL for general ledger, DR for debit, CR for credit are examples. Fixed asset accounting is no exception. Fixed assets are used frequently in financial analysis ...

An asset is counted as retired when it is permanently removed from service. Asset retirement can occur in processes such as a sale to another party or disposal due to obsolescence. Since long-term ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Gordon Scott has been an active ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Or, bye bye FAS 157. Hello Topic 820. The accounting standard known as FAS 157 gained not-a-small amount of ...

The regulatory environment for digital assets will have significant implications for state-level reporting requirements. A notable development is Montana's introduction of the Form 1099-DA mandate, ...