SEC reports 2024 fiscal year deficit after expansion payments to Texas, Oklahoma
Texas athletics and Oklahoma — which joined the conference on July 1 — and slight increases in the amounts provided to the 14 ...
Accounting Today15d
SEC withdraws accounting guidance on safeguarding crypto assets
The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that ...
JD Supra2d
Don’t Forget Accounting Rules When Accelerating Vesting of Stock-Based Awards
Last month, the SEC settled charges against Celsius Holdings, Inc. for allegedly improper accounting when it modified equity compensation awards ...
CoinDesk14d
SEC Withdraws Controversial Crypto Financial Reporting Bulletin
The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to ...
SEC Scraps Accounting Rule for Companies Holding Crypto
The SEC announced this week the formation of a crypto task force led by Republican Commissioner Hester Peirce. In a post on social media platform X on Thursday, Peirce hailed the decision: “Bye bye, ...
Two Boards Oversee Public Companies’ Accounting. Why Is One’s Independence More at Risk?
The remaking of the board is far more common at the PCAOB than the FASB—and expected to recur under coming SEC leadership.
Why Tokenized Assets Are Key Beneficiaries of Recent SEC Changes
While headlines focused on banks holding Bitcoin, the real game-changer is how this clears the path for tokenizing real world ...
Crypto Briefing3d
SEC Commissioner Hester Peirce outlines Crypto Task Force priorities for digital asset regulation
Hester Peirce outlines the SEC’s Crypto Task Force plans to clarify digital asset rules, focusing on regulatory clarity and ...