Big Four accounting firm Ernst & Young (EY) released a new service for managing enterprise contracts via blockchain technology on April 17, called OpsChain Contract Manager (OCM).
JinseFinanceThe new rules are set to take effect in 2025.
AlexAccounting firms may be held accountable for any client's misleading statements regarding audits and transparency.
The top financial regulator in South Korea has now mandated crypto-related companies to be more detailed in their financial statements.
Bitcoinist
Coinlive Coinbase Chief Executive Brian Armstrong on Saturday condemned Sam Bankman-Fried’s account of how FTX found itself in an $8 billion hole.
decryptBDO Italia, a member of the BDO Global accounting organization, will begin producing monthly attestations of Tether’s USDT backing.
CointelegraphThey said the purpose of DiBaT is to convert all dollars in the USAF supply chain budget into tokens and monitor fund movement across billing centers, purchasing centers and suppliers.
CointelegraphThe FASB is set to review its accounting rules for digital assets, which could see firms no longer be required to report crypto such as BTC as “intangible assets” on their balance sheets.
CointelegraphPeirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.”
Cointelegraph