The February webcast included one-on-one discussions with the chairs of the accounting and auditing standard setters.

The proposed ASU would add definitions for environmental credits and obligations to the FASB's ASC Master Glossary.

Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...

Elon Musk’s company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without ...

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues in its codification. The "targeted improvements" to the FASB Accounting Standards Codification are a ...

Tesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin ...

For Q4 2024 earnings, Coinbase is expected to beat Wall Street revenue estimates by 26% and EPS estimates by 407%. See why I ...

The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.

MicroStrategy's rebranding highlights its BTC focus and innovative financing, positioning it for growth amid evolving BTC ...

Apple Inc., Salesforce Inc., and Big Four accounting firms generally endorsed a plan to better align financial reporting with ...

Self-proclaimed ‘crypto president’ Donald Trump is forcing corporate America to face the Bitcoin question, whether companies ...

Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin holdings was for GAAP purposes and would have had no effect on adjusted EPS.