The UK Jurisdiction Taskforce (UKJT) has published a Legal Statement on Digital Assets and English Insolvency Law. The main findings are that digital assets are within the definition of "property" in ...

On October 11, the leaders of the Financial Crimes Enforcement Network (“FinCEN”), the Commodity Futures Trading Commission (“CFTC”), and the Securities and Exchange Commission (“SEC”) issued a “Joint ...

A company's income statement is often called by another name--the bottom line. An income statement is useful for an investor looking to determine a business' earning potential and likelihood of future ...

You might feel a little overwhelmed by the many facts and figures used to evaluate a corporation's financial condition. One of the figures that you need to calculate and understand is the return on ...

Trading assets are a collection of securities held by a firm for the purpose of reselling for a profit in the short term.

The definition of a statement asset is an asset that is perceived to make you look richer, smarter and better connected than your peers. If you own something like a sports team, your friends will be ...

GASB issued guidance Wednesday for state and local governments to address asset retirement obligations related to tangible capital assets. Statement No. 83, Certain Asset Retirement Obligations, sets ...

TO PROVIDE BUSINESSES WITH GUIDANCE ON WHEN and how to recognize a liability for asset retirement obligations, FASB issued Statement no. 143, Accounting for Asset Retirement Obligations. The statement ...