Discover what goodwill in accounting means, how to calculate it, and its role during acquisitions. Learn about goodwill ...

Fixed assets are crucial for businesses, affecting financial health and strategy. Learn about types, depreciation, and ...

Assets refer to resources that can be converted into cash. Learn how assets work, the various types of assets, how to determine an asset's value and more.

Accounting is the practice of tracking your business's financial data and interpreting it into valuable insights. This allows you to generate crucial financial statements, such as a balance sheet ...

The board proposed an update to improve the accounting for purchased financial assets, including those acquired in a business combination.

2. Reporting Requirements Governmental Accounting Standards Board (GASB) Statement No. 51: Accounting and Financial Reporting for Intangible Assets requires that intangible assets be classified and ...

Everyone has called for binding accounting requirements for digital assets. Yet as of this writing, no U.S. GAAP standards are in development.

Accounting for Fees as Reward – Since this fee is paid by the system and not by a counterparty to a contract (which is not enforceable) therefore IFRS 15 doesn’t apply.

Current accounting guidelines provide virtually no upside for companies with bitcoin on their balance sheet — but this could change.

A CPA leader shares talks about auditing and accounting related to digital assets — the challenges, the role of skill development, and what’s next in the evolving space.

2. Reporting Requirements Governmental Accounting Standards Board (GASB) Statement No. 51: Accounting and Financial Reporting for Intangible Assets requires that intangible assets be classified and ...