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Executive ResourceBoards and management should examine how remote working and flexible work arrangements, new developments related to crypto, and more may affect their operations.
Weaver’s Q4 Accounting and SEC Update team closed out 2023 by highlighting these areas: new ASUs, CECL for SRCs, Cybersecurity, ESG and year-end tax essentials.
FASB will require entities to use fair value accounting for crypto assets and provide additional information about their crypto holdings beginning in 2025.
Boards and management should examine how traditional and emerging risks, especially generative AI and other new technology, may affect their operations.
Finance professionals know that timeliness and accuracy of information is key. How can finance teams make the best use ChatGPT?
In an effort to increase financial transparency, the FASB tentatively approved crypto assets to be separately disclosed from other intangible assets.
The demand for guidance on how firms should manage digital assets for accounting purposes continues to grow in tandem with the use and acceptance of crypto assets.