In the run-up to the introduction of accounting standards for the reporting of cryptocurrency, companies took various approaches to disclosing their involvement with the novel exchange medium.

Gift 5 articles to anyone you choose each month when you subscribe. The Australian Taxation Office has responded to demands from the professional accounting bodies for action to avoid potentially ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In the year 2010, the Central Board of Direct taxes (“CBDT”) constituted a committee comprising of departmental officers and professionals to suggest Tax Accounting Standards (“TAS”) for the purpose ...