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MicroStrategy, Block will get to capture token highs, lows under new FASB rules

MicroStrategy (MSTR), Tesla (TSLA), Block (SQ), Coinbase Global (COIN) and other U.S. public and private companies that hold bitcoin (BTC-USD) or ethereum (ETH-USD) will be required to measure their ...
Los Angeles Times

Fresh Accounting Worries Knock Stock Market to Three-Month Lows

Stocks tumbled Monday, knocking key indexes to three-month lows, as deepening concerns over accounting at conglomerate Tyco International and fresh worries inspired by the continuing Enron debacle ...
U.S. News & World Report

ADM Down 6% as More Accounting Errors Arise, Profit Forecast Cut

CHICAGO (Reuters) -Archer-Daniels-Midland shares ended down 6% on Tuesday after the global grains merchant cut its 2024 profit outlook and said it would amend previous financial statements due to the ...
Bloomberg L.P.

Fresh Accounting Issues Add Scrutiny on Brazil Retailers

Magazine Luiza SA’s announcement of accounting “inconsistencies” deals another blow to Brazilian retailers that have struggled after the scandal that brought down Americanas SA. The company had to ...

Gen Z, Finding Purpose In ‘Boring’ Careers, Sets Sights On Accounting

Gen Z are learning new ways to be accountant with programs like VITA, which helps low-to-moderate income taxpayers during the ...