FASB unveils new crypto accounting rules, details inside

contributor Posted: September 7, 2023 FASB’s new rules mandate fair-value accounting for cryptocurrencies, aligning them with the treatment of financial assets. Public companies must now separate their crypto assets from intangible assets. The Financial Accounting Standards Board (FASB) voted to adopt a new accounting and disclosure rule for cryptocurrencies, addressing a long-standing gap in financial […]

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