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coinpedia 2023-12-13 15:51:18

FASB Issues Accounting Standards Update for Crypto Assets!

The post FASB Issues Accounting Standards Update for Crypto Assets! appeared first on Coinpedia Fintech News The Financial Accounting Standards Board (FASB) has released an Accounting Standards Update (ASU) to enhance the accounting and disclosure of certain cryptocurrencies. The new standard aims to provide investors with more relevant information about an entity’s financial position and reduce the costs and complexities associated with current accounting practices. The amendments require entities to measure …

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