THE Financial Reporting Council of Nigeria (FRC) has issued a detailed statement clarifying the application of International Accounting Standard (IAS) 29, Financial Reporting in Hyperinflationary ...

How South Carolina could lose, and subsequently find, $1.8 billion in "missing" money has confounded state lawmakers for ...

A multibillion-dollar mishap has put South Carolina under federal investigation and now cost a top state financial official ...

SEC rescinds controversial SAB 121, replacing it with crypto-friendly SAB 122 to ease burdens on banks and crypto firms.

The state auditor of South Carolina has resigned amid ongoing issues related to a $1.8 billion accounting error.

As lawmakers expressed their outrage over the accounting error, State Auditor George Kennedy announced his resignation.

MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin ...

MicroStrategy has spent years raising money via stock and debt offerings to buy Bitcoins. Now, the company is one of the ...

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A new Staff Accounting Bulletin on Jan. 23 said it “rescinds the interpretive guidance” of SAB 121, an agency rule published ...

South Carolina State Auditor George Kennedy III and outside independent auditor Remi Omisore, a principal at CliftonLarsonAllen, speak to a Senate Finance subcommittee about the comptroller general’s ...

South Carolina auditor George L. Kennedy has resigned Jan. 23 following allegations his office failed to report billions of ...