AICPA Releases Accounting Guidance on Digital Assets (Cryptos)

Significant differences with J GAAP, already causing GAAP differences between the two standards In December 2019, the AICPA (American Institute of Certified Public Accountants) released a guidance on the accounting of crypto currencies. This nonauthoritative guidance was released as a practice aid titled “Accounting for and Auditing of Digital Assets”. You can download the original […]

Mandatory English Financial Disclosures Coming

English Financial Disclosures Coming!

Mandatory English Financial Disclosures Coming to the Tokyo Stock Exchange Starting with English disclosures of quarterly financial information A Nikkei article on March 15, 2019 caught our attention. “Tokyo Stock Exchange to reduce first section listings by 30% – Market cap requirement to be raised and English disclosures mandated” https://asia.nikkei.com/Business/Markets/Tokyo-Stock-Exchange-to-reduce-first-section-listings-by-30 There is an ongoing deliberation […]

BlockChainJam 2018 – Looking Back

blockchainjam

BlockChainJam 2018 Looking Back Got to take a sneak peek into the future BlockChainJam 2018 that took place on October 21, 2018 was a huge success with a jam packed audience and great speakers. Thank you to everyone that stopped by the event and showed us support! Congratulations to the organizers of the event on […]

Crypto Accounting Standard​

Crypto Accounting Standard PITF No. 38 Practical Solution on the Accounting for Virtual Currencies under the Payment Services Act World’s First Crypto Accounting Standard? On March 14, 2018, the ASBJ (Accounting Standards Board of Japan) issued the PITF (Practical Issues Task Force) No. 38 “Practical Solution on the Accounting for Virtual Currencies under the Payment […]