"The Financial Accounting Standards Board’s (FASB) rule change allowing fair value accounting for bitcoin has removed a major barrier, enabling companies to hold bitcoin on their balance sheets ...

MANILA, Philippines — Following five straight weeks of increases, motorists can look forward to a fuel price rollback in the first week of 2025. The four-day trading in the global oil market ...

The FASB also announced earlier this month the availability of the 2025 DQC Rules Taxonomy (DQCRT) and 2025 GAAP Meta Model Relationships Taxonomy (MMT), which together with the GRT, SRT and the EBPT ...

In December 2023, FASB issued ASU 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60). This final guidance requires all entities to measure certain crypto assets they hold at fair ...

Get the latest figures here. The official fuel price adjustments for December will come into effect on Wednesday, 1 January. Picture: iStock If the current trend in fuel price predictions persists ...

KYIV, Ukraine — Ukrainian drones struck a major Russian fuel depot for the second time in just over a week on Sunday, according to a senior Russian regional official, as part of a “massive ...

There are already several areas of U.S. GAAP that provide guidance on intangibles, FASB noted. An entity currently evaluates the specific facts and circumstances and nature of the intangible — such as ...

FASB has proposed a new accounting standard to improve the consistency ... including emissions allowances, corporate average fuel economy credits, renewable identification numbers, and renewable ...

FASB published a proposed Accounting Standards Update (ASU) designed to improve the financial accounting for and disclosure of financial activities related to environmental credits and environmental ...

SINGAPORE, Dec 18 (Reuters) - Asia's fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cleaner shipping fuel mandates in Europe and potential changes in ...