New fair value rules for Bitcoin -
FASB’s new accounting rules now require companies to measure and update Bitcoin’s fair value in each financial reporting period.
Bitcoin Is Surging—But One Mistake Could Lead to Mass Bankruptcy
Let’s Understand Today’s Landscape
Bitcoin’s surge is catching the attention of millions, but it’s far from a safe bet. While some view it as the future of finance, its volatility and
Amazon shareholders have requested the Board to add Bitcoin to its treasury.
What this means is that Bitcoin may become the new store of value instead of cash, which erodes in value due to inflation.
Two reasons for this suggested change:
1. Amazon
Crypto is starting to become more accepted, especially after the approval of #Bitcoin and #Ethereum exchange-traded funds (ETFs) in the U.S. and changes to accounting rules by the Financial Accounting Standards Board (FASB).
However, like with any
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Tushar Aher Patil
Stealth • 1m
Day 7 About Basic Finance and Accounting Concepts Here's Some New Concepts
8. Liquid Assets
Easily convertible into cash without a significant loss in value.
Examples: cash, cash equivalents, and accounts receivable.
9. Illiquid Assets
Assets
Kiyosaki’s Bold Bitcoin Predictions: Did They Hit the Mark?
Robert Kiyosaki, author of Rich Dad Poor Dad and a well-known financial commentator, made waves with his ambitious Bitcoin predictions throughout 2024. While some of his forecasts remain un
10 Things that you need to consider as a startup or Business before end of Fincancial Year 31st March 2024
Accounting & Taxes:
✅ Finalize books (FY23-24).
❓ Check TDS deadlines.
❓ Review TDS/TCS for high-value transactions (if applicable).
❓ Review
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Arcane
Stealth • 2m
With OpenAi's o1 having an estimated IQ of 120, AI has clearly started to 'reason', which has been an important attribute to measure intelligence among humans throughout history.
Now as AI progress continues, it would easily outperform many of us ev
WTF is CAC (Customer Acquisition Cost)❓🤔👀
Let me explain this, Customer Acquisition Cost (CAC) is a key business metric that represents the total cost of acquiring a new customer. So, This includes all the costs associated with sales and marketing
Day 9 About Basic Finance and Accounting Concepts Here's Some New Concepts
2. Non-Current (Long-Term) Liabilities
Non-current liabilities are long-term debts that are due beyond one year. These are generally used to fund large purchases or investme
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Aksh Pethani
Stealth • 1m
hello everyone, i uploaded my startup idea which is unique and sustainable for all middle class people. we will provide an on-store swapping process of all their used or unwanted things they no longer need. they get fair value of their items and get