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 ...

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 ...

A prepaid asset is an expenditure of money in advance of when the money is due. For example, you might pay up front for a year's rent or insurance, even though the payments are due monthly. Under ...

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 ...

BOSTON & PHOENIX--(BUSINESS WIRE)--CHMWarnick, the preeminent asset manager and business advisor to the hotel investment community, announced today it has expanded its accounting services available to ...

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, ...