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Your Daily Accounting Briefing – 2024-04-28

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Let’s see what’s in the news today.

Bill attempting to clarify Arkansas accounting, budgetary law fails in legislature

A lawmaker’s effort to address a state law violation stemming from the purchase of a lectern by Governor Sarah Huckabee Sanders’ office has failed.

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Crypto Trends in Corporate Holdings: Accounting & Compliance Essentials

As we delve into the trends and challenges of cryptocurrency in corporate holdings, we uncover a world where the future of finance is being rewritten.

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IAS 38 intangible accounting rules up for review

The rules on accounting for intangibles such as intellectual property and cryptocurrency are set for an overhaul as standard setter scopes out plans for review of IAS 38 standard

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Crypto liquidations cross $210m with longs accounting for 85%

The crypto market witnesses $210 million in liquidations over 24 hours, with long positions accounting for 85%

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Ex-footballer John Barnes banned over £190k tax debts

Former England and Liverpool footballer John Barnes has been disqualified as a director after failing to pay £190,000 in VAT and corporation tax

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