Hackers Have Walked Off With About 14% of Big Digital Currencies

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Hackers Have Walked Off With About 14% of Big Digital Currencies

Digital currencies and the software developed to track them have become attractive targets for cybercriminals while also creating a lucrative new market for computer-security firms. In less than a decade, hackers have stolen $1.2 billion worth of Bitcoin and rival currency Ether, according to Lex Sokolin,
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Preparing for IFRS 15 and ASC 606

The two principal regulatory bodies behind the new rules are the Financial Accounting Standards Board (FASB), which establishes what falls under the Generally Accepted Accounting Principles (GAAP), or the gold standard for accounting practices. This organization created Accounting Standards
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FASB proposes income tax accounting fixes for new tax law

The Financial Accounting Standards Board proposed an accounting standards update Thursday to help organizations reclassify some of the stranded income tax effects in accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act that President Trump signed into law last month
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Trump 'Seriously Stumbled' on Tax Law, Nobel Winner Phelps Says

“That's another case where I think Trump has seriously stumbled, and his initiatives are very likely to be quite costly,” Phelps said Thursday in a Bloomberg TV interview with Flavia Rotondi in Rome. Phelps predicted a “more serious debt problem 10 years from now when a lot of public expenditures will
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Frank Darabont, CAA Launch Second 'Walking Dead' Lawsuit Against AMC

Since AMC is both the studio that produces the zombie hit as well as the cable network that shows it to audiences, the license fee shown in accounting statements to non-AMC profit participants like Darabont and CAA becomes crucial. Darabont claims he has contractual protection that essentially means
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