News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
FASB IAC raises stablecoin cash-equivalent classification threshold and disclosure concerns, with direct implications for US GAAP balance sheet treatment and CFO disclosure strategy
FASB PMAC May 2026 recap: stablecoin cash-equivalent classification, wrapped-token disclosure, and four other active standard-setting streams
FASB's Q2 2026 emerging projects on crypto assets and digital assets signal imminent US GAAP changes that CFOs and accounting firms must begin preparing for now
SEC Commissioner Peirce signals crypto vaults and onchain lending may be securities: accounting, audit, and compliance action points for US firms and CFOs
FASB chair confirms existing interim-reporting standards largely cover any SEC semiannual shift, while flagging a new stablecoin cash-equivalents project as the bigger standard-setting watch item for CFOs and accounting firms
AICPA attestation standards overhaul covering digital assets and sustainability signals new assurance obligations for accounting firms and CFOs
EU officials are considering MiCA 2.0 revisions targeting non-EU stablecoin issuers, driven by the US GENIUS Act, with accounting and CASP compliance implications for firms and CFOs
FASB proposes to require investment companies to factor contractual sale restrictions into equity fair value measurements under ASC 820, with mandatory discount disclosure
PEEC proposes to anchor the public interest entity definition to live FDIC and NAIC regulatory thresholds, replacing fixed-dollar figures and reducing future standard-setting lag
The PCAOB's request for comment signals upcoming audit standards for crypto assets, prompting accounting firms to evaluate their crypto accounting software and sub-ledger tools.
AICPA survey indicates firms are prioritizing technology, creating opportunities for crypto accounting for accountants to meet client needs.
FASB's request for comment on hedge accounting guidance for crypto assets held at fair value signals potential changes to crypto US GAAP accounting, with implications for firms applying ASC 350-60.
The June 2026 IASB-FASB joint education meeting signals potential convergence between US GAAP and IFRS on crypto asset fair value accounting, directly affecting firms using ASC 350-60 and IFRS crypto assets standards.
