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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.
Weaver's downloadable chart identify issues that potentially require fair value assessment during your financial audit. Download now.
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.