SEC distributes average of almost $52.6 million to full-year members for 2023-24 fiscal year
The Southeastern Conference distributed an average of almost $52.6 million to the 14 full-year members for the 2023-24 season ...
CoinDesk13d
SEC Withdraws Controversial Crypto Financial Reporting Bulletin
The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to ...
Accounting Today3d
The changing crypto landscape brings new challenges to accounting
President Donald Trump's return is seen as a positive by experts across the cryptocurrency industry. Accountants' predictions ...
Accounting Today14d
SEC withdraws accounting guidance on safeguarding crypto assets
The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that ...
Crypto Briefing14d
SEC scraps SAB 121 rule, easing crypto custody accounting for banks
SEC revises crypto custody accounting policy with SAB 122, offering banks flexibility in reporting liabilities for ...
JD Supra1d
Don’t Forget Accounting Rules When Accelerating Vesting of Stock-Based Awards
Last month, the SEC settled charges against Celsius Holdings, Inc. for allegedly improper accounting when it modified equity compensation awards ...
SEC repeals SAB 121 accounting rule for crypto financial reporting
The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...
Bitcoin Magazine10d
SEC Rescinds SAB 121, Permitting Banks to Custody Bitcoin
The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto ...
SEC Staff Repeals Crypto-Accounting Guidance Reviled by Industry
US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to work with banks.
SAB 121 axed: SEC repeals crypto accounting rule as Trump era dawns
The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a crypto accounting rule introduced in 2022, just days after SEC Chair Gary ...
Two Boards Oversee Public Companies’ Accounting. Why Is One’s Independence More at Risk?
The remaking of the board is far more common at the PCAOB than the FASB—and expected to recur under coming SEC leadership.
SEC Scraps Accounting Rule for Companies Holding Crypto
The SEC announced this week the formation of a crypto task force led by Republican Commissioner Hester Peirce. In a post on social media platform X on Thursday, Peirce hailed the decision: “Bye bye, ...