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FASB shifts to prioritize 'rapidly evolving' crypto assets

CFO Dive

The board is getting serious about improving accounting standards for digital assets even as a crypto market slump is hammering valuations.

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Updated Accounting Standards for In-Kind Donations (2022)

The Charity CFO

If your nonprofit uses donations of supplies, services, and even time to help fund your operations, you need to know about recent changes in accounting standards for in kind donations. A description of the valuation techniques and inputs you used to determine the fair market value of the gifts (in accordance with Topic 820 ). .

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Data Update 1 for 2025: The Draw (and Danger) of Data

Musings on Markets

I know that this classification is at odds with the industry classifications based upon SIC or NAICS codes, but it works well enough for me, at least in the context of corporate finance and valuation. Since I teach corporate finance and valuation, I find it useful to break down the data that I report based upon these groupings.

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Chinese Study highlights limitations on IAS 38, accounting for intangible assets

CFO Talks

Chinese Study highlights limitations on IAS 38, accounting for intangible assets A recent study from China highlighted the limitations of IAS 38 —the International Accounting Standard that governs intangible assets—and its impact on innovation, particularly in high-tech industries.

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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

In contrast, the ledger-based approach groups all accounts for a particular principle into a non-leading ledger, with all non-leading ledgers then rolling up into a single Leading Ledger. Other key factors include where the company stands with regard to implementing new accounting standards (ASC 606, IFRS 15, ASC 842, IFRS, 16, etc.)

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How to best prepare for an audit post-acquisition

E78 Partners

Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. Engage Third Parties Early: Engage valuation firms and appraisers early in the process, as these experts can help support audit preparation and reduce hassles later on.

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IFRS 17: Huge work required before delivery success

Future CFO

The total cost faced by the global insurance industry to implement the accounting standard is now estimated by WTW to be US$18 billion to US$24 billion, survey report indicates. People: More than 10,000 people will be required to deliver the accounting standard in the next two to three years.

IFRS 52