Blockworks

FASB Approves New Rules for Valuing Crypto Assets in Company Statements

The Financial Accounting Standards Board has unanimously approved new rules for valuing crypto assets in company financial statements. Companies will be required to separately report their crypto assets and cannot group them with intangible assets like patents or trademarks. The new standard aims to provide investors with better information for decision-making and improve financial reporting standards.

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FASB Approves New Rules for Valuing Crypto Assets in Company Statements

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The post News Explorer — FASB Approves New Rules for Valuing Crypto Assets in Company Statements appeared first on Crypto News Australia.

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Filed under: Bitcoin - @ September 7, 2023 12:23 pm