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Financial Accounting Standards Board votes to release draft cryptocurrency in March

Financial Accounting Standards Board votes to release draft cryptocurrency in March
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Edward Bernard elected chair of FAF

The financial industry veteran will be overseeing the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

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FASB Votes To Propose Fair Value Measurement For Crypto Assets - Fin Tech

At their Wednesday, October 12, 2022, board meeting, the Financial Accounting Standards Board (FASB) voted on and tentatively decided to require entities that hold crypto assets to.

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Crypto at fair value: Inside FASB s decision

Board staff believe the approach better aligns measurement of crypto assets with that of other assets used for investment purposes.

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FASB adds digital assets project to agenda

The board voted to add a project to improve the accounting for and disclosure of certain digital assets, such as cryptocurrency.

New yorkUnited statesRichard jonesGary buesserJames kroekerMarsha huntChristine ann botosanBaruch collegeFinancial accounting standards boardChristine annAccounting standardsFinancial reporting