President Trump’s Digital Asset Working Group has called for FASB to consider whether to treat stablecoins as cash equivalents.

In recent public discourse, confusion has arisen around the concept of wealth—particularly in distinguishing between accounting, economic, and social definitions. I therefore wish to clarify these ...

IN recent public discourse, confusion has arisen around the concept of wealth—particularly in distinguishing between accounting, economic, and social definitions. I, therefore, wish to clarify these ...

The Athletic has appointed Chris Weatherspoon as its first dedicated football finance writer. Chris is a chartered accountant who will be using his professional acumen as The BookKeeper to explore the ...

Definitions of accounting deployed today are observably narrow, outdated, and increasingly unsuitable for realizing the full potential of accounting in today’s world. Without key definitional change ...

Simply put, equity describes an investor's direct ownership interest in an asset, excluding all other claims. A familiar example is home equity, which is the value of your home after you subtract ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Timothy Li is a consultant, accountant, ...

At TechRepublic, we aim to bring our readers fair, unbiased reviews that help them make informed choices about which accounting software products to invest in. A crucial aspect of that goal is ...

Major banks and financial institutions in the United States are pushing the United States Securities and Exchange Commission (SEC) to re-adjust its definition of crypto assets, which could allow them ...

Reconciliation in accounting is a procedure in which you or your accountant compare two sets of records–like a bank statement and your general ledger–to ensure that the numbers match up. The process ...

GAAP in accounting is an acronym that stands for generally accepted accounting principles. It refers to a set of widely adopted rules and standards for financial reporting. The Financial Accounting ...