AN Now EP 9.12.23: Updates on the FASB & Crypto Accounting, the SEC & XBRL Disclosures
Description
Pull up a chair, good friend, because Embarker Matt Fisser is back with even more news from the accounting and finance world, including:
The FASB Board’s recent deliberation on accounting for and disclosing crypto assets, also confirming the scope of the proposed ASU
The SEC’s Division of Corporate Finance released an illustrative letter with sample comments to guide companies in their use of XBRL and Inline XBRL
For more information on these and related topics:
FASB Project Update: Accounting for and Disclosure of Crypto Assets
SEC: Sample Letter to Companies Regarding Their XBRL Disclosures
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