Specifically, digital assets: Are indefinite-lived as they have no prescribed life. This means companies initially record digital assets at their acquisition cost and, thus, subject them to annual and ...

As CFOs and CAOs are now discovering, there's a whole new level of complexity with cryptocurrencies and digital assets beyond volatility. Specifically, GAAP doesn't yet provide guidance on crypto ...

Bitcoin might be the most recognizable cryptocurrency, but it’s hardly the world’s only digital asset. Generally, a digital asset is a “digital record made using cryptography for verification and ...

The Financial Accounting Standards Board has recommended recording crypto at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility. The ...

Asset is a word that is often used and seldom defined. One can be an asset to their family for their kindness or great impersonation skills, but an accountant wants to see something more concrete. In ...

Anna Masker, an Entrepreneurs’ Organization (EO) member in New York, is a founding partner of ProfitLinq, a scalable outsourced finance and accounting solution for fast-growing crypto and blockchain ...

This section covers the accounting and maintenance tracking for our campus Investment In Plant (IIP Fund 74). CCO oversees the depreciation of the assets, recording of the debt payments, and reporting ...

All equipment acquired or controlled by the University will be subject to the General Property Accounting Procedures. In addition to the General Property Accounting Procedures, the Property Accounting ...