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Accounting

Seven best accounting software in India (January 2025)

What is accounting software? Why should you use accounting software? Most businesses rely on using spreadsheets to manage books, and many continue to use spreadsheets...

Crypto Accounting Platform Cryptio Raises $15M in Series A Extension Led by Alven

Crypto accounting platform Cryptio has raised $15 million in an extension to its Series A funding round from June 2022. Existing investor Alven led...

SEC Rescinds Contentinous Crypto Accounting SAB 121 Rule

Key Takeaways The SEC has now replaced SAB 121 with SAB 122, which provides a revised framework Under the new guidance, companies must evaluate potential risks...

SEC Withdraws Controversial Crypto Tax Accounting Bulletin

The U.S. Securities and Exchange Commission published a new Staff Accounting Bulletin Thursday withdrawing its controversial SAB 121.SAB 121 directed banks and other public...

Crypto tax software and accounting services

The complexity of crypto taxes is often underestimated by individuals and firms completing their forms for the first time. The Internal Revenue Service (IRS)...

IRS Grants Temporary Relief on Crypto Tax Accounting Method

Key Takeaways The temporary relief gives brokers additional time to upgrade their systems to support multiple accounting methods.  FIFO,  “First In, First Out,” is an inventory...

Best accounting books for your small business 2024

What is business accounting? Business accounting involves recording, condensing, evaluating, and reporting financial transactions and data inside an organization. Its goal is to give decision-makers...

FASB’s Fair Value Accounting Rule Marks a Milestone for Bitcoin in Corporate Finance

The Financial Accounting Standards Board (FASB) has introduced a new fair value accounting standard for Bitcoin, a move many industry observers view as a...

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