Lloyds Banking Group has banned credit card customers from buying bitcoin amid fears it could be left in debt as the cryptocurrency's value deflates.
See Original Article

But those “frequent professional audits” have been slow in coming. The accounting firm Friedman LLP had been working on an audit of Tether and Bitfinex—a cryptocurrency exchange that is closely linked to Tether—since May. But last Saturday, Tether admitted to Coindesk that its relationship with
See Original Article

Share markets in Asia have suffered their biggest selloff for more than a year as fears of rising inflation battered the bond market, toppled Wall Street from record highs and sparked speculation that central banks could raise interest rates.
See Original Article

The FASB at its upcoming meeting plans to discuss the feedback it received about a proposed amendment to U.S. GAAP that it drafted to alleviate concerns from banks and insurance companies about the accounting implications of the Tax Cuts and Jobs Act. The proposal would require a reclassification
See Original Article

NEW YORK, Feb. 5, 2018 /PRNewswire/ — Everest Group, a leading research and consulting firm, has named Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, as a leader and star performer among finance and accounting (F&A) service providers.
See Original Article