GAAP News

MicroStrategy, the largest public holder of bitcoin, has joined the growing list of supporters backing proposed rule changes by the Financial Accounting Standards Board (FASB).

The Financial Accounting Standards Board (FASB) has reportedly left out non-fungible tokens (NFTs) and several stablecoins from its digital asset accounting project. FASB Establishes Digital Assets Rule Criteria According to a report by the Wall Street Journal (WSJ), the FASB…

The second-largest retail American video game, consumer electronics and trade-in destination for Nintendo, Xbox, and PlayStation, GameStop has released its revenue for the fourth quarter fiscal year ended Jan 29, 2021. What’s GameStop? In the previous-year fourth quarter (2020), the…