Netgain has introduced a fixed asset tax depreciation solution called NetAsset Tax Pro, intended to help accounting teams ...

The FASB has begun a project to clarify accounting rules for crypto asset transfers and when they can be derecognized from a ...

Michael Burry is warning of an AI bubble, pointing to a chart showing U.S. capex-to-GDP ratios hitting levels last seen ...

Also, strong liquidity increases a farm’s flexibility and absorption capacity. In other words, the farm can better withstand ...

Cryptocurrency continues to reshape the financial landscape. As cryptocurrency moves from niche to mainstream, companies are ...

The Financial Accounting Standards Board aims to improving the accounting for purchased loans as it confronts a potential ...

Kenya is racing to tally and value every item in its public stores as it builds a ...

There’s no universal safe or danger level. Ideal current ratios vary by industry. A current ratio of 1.0 means the company has $1 in current assets for every $1 in current liabilities. A ratio below 1 ...

Auditor-General Tsakani Maluleke has made damning findings against the South African Post Office (SAPO) when it obtained yet another disclaimer of audit opinion for the sixth year during the 2024/25 ...

The accounting world faces major changes in 2025 as cryptocurrencies and digital assets become more common in business. Companies large and small now hold Bitcoin, Ethereum, and other digital ...

In December 2023, FASB issued ASU 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60). This final guidance requires all entities to measure certain crypto assets they hold at fair ...