Accounting
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FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
“Because Prager’s audits of FTX were conducted without due care, for example, FTX investors lacked crucial protections when making their…
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Will a market crash one day be pinned on the Supreme Court? An accounting expert explains why recent rulings have him worried
مجلة المذنب نت متابعات عالمية: In two major rulings this past month, the U.S. Supreme Court curtailed the authority of…
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Australia’s Net Zero target is being lost in accounting tricks, offsets and more gas
مجلة المذنب نت متابعات عالمية: In announcing Australia’s support for fossil gas all the way to 2050 and beyond, Prime…
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U.S. Senate Votes to Kill SEC’s Crypto Accounting Policy, Testing Biden’s Veto Threat
The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission…
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MicroStrategy (MSTR) Could Merit S&P 500 Index Inclusion if It Adopts New Accounting Rules: Benchmark
MicroStrategy’s corporate strategy is partly based on the acquisition and holding of bitcoin. As of March 19 it held 214,246…
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Ethnic diversity is still a serious issue at the top level in accounting firms
مجلة المذنب نت متابعات عالمية: In recent years, there has been a growing concern about the lack of diversity in…
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U.S. Lawmakers Seek to Overturn SEC’s Crypto Accounting Policy ‘SAB 121’
“The SEC issued SAB 121 without conferring with prudential regulators despite the accounting standard’s effects on financial institutions’ treatment of…
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U.S. SEC’s Knock From GAO Unlikely to Budge Agency’s View on Crypto Accounting
SAB 121 has been chasing large banks and brokers away from the crypto sector, said Paul McCaffery, who works as…
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U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin 121: GAO
“Today, the GAO recognized SAB 121 for what it is: regulation under the guise of staff guidance,” said Nathan McCauley,…
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