Edward Bernard elected chair of FAF
The financial industry veteran will be overseeing the Financial Accounting Standards Board and the Governmental Accounting Standards Board.
Source: accountingtoday.com
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FASB Votes To Propose Fair Value Measurement For Crypto Assets - Fin Tech
At their Wednesday, October 12, 2022, board meeting, the Financial Accounting Standards Board (FASB) voted on and tentatively decided to require entities that hold crypto assets to...
Source: mondaq.com
Crypto at fair value: Inside FASB's decision
Board staff believe the approach better aligns measurement of crypto assets with that of other assets used for investment purposes.
Source: accountingtoday.com
FASB adds digital assets project to agenda
The board voted to add a project to improve the accounting for and disclosure of certain digital assets, such as cryptocurrency.
Source: accountingtoday.com
Opening Bell: 4.15.21
Opening Bell: 4.15.21 Author: Russian risks; pharma deals; GameStop gripes; and more! Using a new executive order, the measure will expand the existing prohibitions on U.S. banks trading in Russian government debt, two of the people said. Previous prohibitions targeting portions of Russian sovereign debt shook Russia’s markets and added to its economic woes. That order prohibits U.S. financial institutions from buying new bonds directly from Russia’s central bank, finance ministry and the country’s massive sovereign-wealth fund after June 14…. Russia’s foreign-intelligence service, ...
Source: dealbreaker.com