Non-current assets usually generate benefits for a much longer time. This shapes how you record a patent as an accounting journal entry and document patents in the accounting balance sheet. More ...

In light of the current accounting landscape, digital asset holders can take these steps now to head off potential risk: Increase reliance on non-GAAP measures: Investors must look to non-GAAP ...

In financial accounting, current assets include any balance sheet item that a company can convert into cash within one year. This conversion must be affected during routine business operations.

FASB Accounting Standards Update (ASU) No. 2023-08, issued in December 2023, significantly alters current accounting and disclosure requirements for certain cryptoassets. It creates a new subtopic ...

Current asset (Wikipedia) Updated: 2006-10-19 14:07. In accounting, a current asset is an asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually ...

A balance sheet includes a summary of a business’s assets, liabilities, and capital. Learn what a balance sheet should include and how to create your own.

The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) to address the accounting for and ...

Current accounting guidelines provide virtually no upside for companies with bitcoin on their balance sheet — but this could change. This is an opinion editorial by Matt Maraia, a CPA looking to ...

When an asset is deemed to be capital by the General Accounting team, a Fixed Asset Addition Form is completed. ... If that is the case, General Accounting will not reach out to tag the asset. The ...

Coinbase Global Inc. may be at risk of a regulatory enforcement action over its accounting for crypto assets, according to accounting experts, who reviewed the crypto trading site's numbers before ...

Understanding Current Assets. In financial accounting, current assets include any balance sheet item that a company can convert into cash within one year. This conversion must be affected during ...

Matt started his career in 2016 at the Big 4 public accounting firm, EY (in San Jose), and now works at the California-based consulting firm, Principal Consulting Group (PCG), providing technical ...