FRMO Corp. (the "Company" or "FRMO") (OTCID:FRMO) today announced that shareholders and others should not rely upon certain ...

ASC Topic 740 formerly had one set of reporting requirements for public entities and another for nonpublic entities. In its update, FASB removed reference to public entities throughout and replaced it ...

When a company engages in equity transactions, whether issuing employee stock options, facilitating a secondary trade or repurchasing shares, the implications on its valuation can be substantial.

The Financial Accounting Standards Board on Wednesday voted to move ahead with plans for more than 30 tweaks to the Accounting Standards Codification, the source of authoritative U.S. generally ...

Financial and operational strategy optimization often overshadows the importance of maintaining positive investor relations in tiding over market turbulence. For example, the U.S. technology sector ...

The IRS has changed what must be reported upon filing a research and development (R&D) tax credit claim, and the impact is especially significant for the life sciences industry. The tax form used to ...

The Financial Accounting Standards Board released an accounting standards update Monday to improve the requirements for identifying the accounting acquirer in business combinations such as mergers and ...

abstract. What is a textualist to do when there are two texts, each with a colorable claim to legitimacy? This question arises every time the text of a codified statute that has been enacted into ...

The following is a guest post from Crowe’s Brian Zophin, partner of audit and assurance, and Brian Fitzgerald, senior manager of audit and assurance. As we continue to navigate 2025, some in the ...

Japanese drinks major Suntory Holdings is selling Chinese wine importer and distributor ASC Fine Wines back its original owners, the St. Pierre family. Husband and wife Don St. Pierre Jr. and Monica ...

The Financial Accounting Standards Board released a staff educational paper Tuesday to answer questions about how to apply its revenue recognition standard to presentation and disclosures to ...

This article explores transfer pricing disputes with tax authorities and related disclosures in financial statements. Recent increases in companies’ risk exposure from these controversies have raised ...