Browsing: Accounting

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“Because Prager’s audits of FTX were conducted without due care, for example, FTX investors lacked crucial protections when…

The SEC has concluded a more than two-year review of financial disclosures at Bitcoin miner Marathon Digital Holdings…

“It is clear there is overwhelming opposition to SAB 121, and I urge President Joe Biden to reconsider…

Crypto advocates see the rule as onerous and capital intensive, and, interestingly, so do banks and other financial…

MicroStrategy’s corporate strategy is partly based on the acquisition and holding of bitcoin. As of March 19 it…

“The SEC issued SAB 121 without conferring with prudential regulators despite the accounting standard’s effects on financial institutions’…

As the crypto industry sees more institutional adoption, there will be a greater need for accounting and taxation…

SAB 121 has been chasing large banks and brokers away from the crypto sector, said Paul McCaffery, who…

“Today, the GAO recognized SAB 121 for what it is: regulation under the guise of staff guidance,” said…