Accounting December 27, 2022
Professionals on the Move – Jan. 5, 2023
Professionals on the Move is a round-up of recent promotions and hiring announcements from around the profession.
Digital Currency December 22, 2022
Sam Bankman-Fried Released on $250 Million Bond in FTX Fraud Case
The bail package requires him to stay with his parents and submit to electronic monitoring.
Firm Management December 20, 2022
3 Communications Opportunities for Accountants in 2023
All indicators suggest the accounting industry is poised for another year of growth. While the economy is uncertain, client needs are expanding, and it’s not time to pump the brakes on investing in your future.
Accounting December 19, 2022
2023 GAAP Financial Reporting Taxonomy is Now Available, FASB Says
The 2023 GAAP Financial Reporting Taxonomy is expected to be accepted as final by the SEC in early 2023.
Digital Currency December 19, 2022
U.S. Regulators Warn About Risks of Deeper Crypto-Wall Street Ties
Officials are concerned about looming threats from the digital-asset industry, much of which operates in regulatory gray areas.
Digital Currency December 19, 2022
Sam Bankman-Fried Prepared to Be Extradited to U.S. as Soon as Monday
The disgraced FTX co-founder is expected to disclose in court today that he won’t fight extradition.
Digital Currency December 15, 2022
Senate Banking Committee Probes FTX Debacle
Chairman Sherrod Brown of Ohio compared Sam Bankman-Fried to Bernie Madoff on Wednesday.
Digital Currency December 14, 2022
FTX Founder Sam Bankman-Fried Charged with ‘One of the Biggest Financial Frauds in American History’: Feds
He is accused in parallel criminal and civil complaints of orchestrating a yearslong fraud causing billions in losses.
Digital Currency December 12, 2022
Sam Bankman-Fried Arrested in Bahamas as U.S. Files FTX Charges
The disgraced co-founder of digital-asset exchange FTX is being held in custody pending an extradition process.
Firm Management December 12, 2022
Your Firm and Your Providers
While a December column would frequently predict or suggest changes for the coming year, it is time to take a longer view.
Digital Currency December 8, 2022
Overshadowed by Failures, Crypto Hacking Exacts Higher Price
Hackers made off with more than $3 billion in digital assets so far this year, according to research firm Chainalysis.
Digital Currency December 6, 2022
Crypto Pressure Ratchets Up as FTC Probes Several Firms Over Ads
“We are investigating several firms for possible misconduct concerning digital assets,” the FTC said in a statement.