Posts Tagged ‘Technology & Blockchain’
FASB Issues Accounting Standards for Crypto Assets
At a glance Schedule a consultation with Aprio today. The full story: On December 13, 2023, the Financial Accounting Standards Board (FASB) issued an accounting standards update (ASU 350-60) to improve the accounting for, and disclosure of, certain crypto assets. The ASU is in response to feedback from stakeholders, which indicated that improving crypto asset accounting should…
Read MoreIRS Delays Digital Asset Reporting Requirements for Brokers
At a glance The full story: In December, the IRS issued an important announcement delaying Form 1099-B reporting requirements for digital asset transactions. Currently, our understanding is that the IRS will create a new form called IRS Form 1099-DA [Digital Assets] to use when reporting digital asset transactions. The Infrastructure Investment and Jobs Act (P.L.…
Read MoreCould Two Common Financial Controls Have Prevented the Fall of FTX?
At a glance Schedule a consultation with Aprio today. The full story: FTX was more than just an apparently sound company. It was the foundation of the cryptocurrency industry. In two weeks’ time, it went from a multi-billion crypto exchange to a pile of ash. As the supernova that was Sam Bankman-Fried and FTX implodes,…
Read MoreAprio’s Capital Raise Services for Healthcare IT Companies
Aprio guides Technology and Healthcare IT companies through the capital raise process. Our specialized services include: Guidance on the size of capital raise Access to latest tech valuation trends Preparation and presentation of financials Pitch coaching Introduction to Venture capitalists For more information on how Aprio can support your capital raise, contact an Aprio Advisor…
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