More information on cost of sales, cost of goods sold, and research and development in reports expected from new rules.
FASB
Auditors face a greater chance of being held personally liable for negligent missteps under adjusted PCAOB rules.
The US standard-setting organization for accounting says companies should use current values – or “fair-value” accounting – to report their crypto holdings.
Some of this week’s key accounting stories at a glance, including a move to make crypto investors comply with tax law – and some stimulating points about risk assessments.