Tag Archives: Accounting

What is Mazars? Meet the accounting firm rocking the crypto world that previously ditched Trump

What is Mazars? Meet the accounting firm rocking the crypto world that previously ditched Trump

Mazars has found itself in the headlines again this year after confirming it’s pausing work for crypto clients, including Crypto.com, KuCoin, and Binance, the world’s largest crypto exchange. The news rocking the cryptocurrency world comes after the accounting firm in February backed away from another high-profile client — former President Donald Trump. On Friday, Mazars told Yahoo Finance that it “paused its activity relating to the provision of Proof of Reserves Reports for entities in… Source link

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Accounting firm Mazars drops all crypto clients, including Binance and Crypto.com

Accounting firm Mazars drops all crypto clients, including Binance and Crypto.com

French accounting firm Mazars is pausing all its work with crypto firms including, Crypto.com, KuCoin, and Binance, according to a spokesperson for Binance. Mazars has since deleted all crypto reports from its website. In a statement, a Mazars spokesperson told Yahoo Finance the firm, “paused its activity relating to the provision of Proof of Reserves Reports for entities in the cryptocurrency sector due to concerns regarding the way these reports are understood by the public.” Mazars noted:… Source link

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Accounting firm Mazars drops all crypto clients, including Binance and Crypto.com

Accounting firm Mazars drops all crypto clients, including Binance and Crypto.com

French accounting firm Mazars is pausing all its work with crypto firms including, Crypto.com, KuCoin, and Binance, according to a spokesperson for Binance. Mazars has since deleted all crypto reports from its website. In a statement, a Mazars spokesperson told Yahoo Finance the firm, “paused its activity relating to the provision of Proof of Reserves Reports for entities in the cryptocurrency sector due to concerns regarding the way these reports are understood by the public.” Mazars noted:… Source link

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Why Bitcoin accounting rules make it better to invest in ‘a stack of comic books’

Bitcoin’s (BTC-USD) arrival into the mainstream has seen companies like Microstrategy (MSTR), Block (SQ) and Tesla (TSLA) add the digital coin to their balance sheets — and spawned a new class of investors drawing all or part of their salaries in cryptocurrency. But with Bitcoin slumping by nearly half since hitting a November high under $69,000 in the midst of crypto’s grim winter, the strategy is not without risk — especially for companies bound by strict corporate accounting rules that… Source link

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MicroStrategy Plummets as SEC Rejects Its Bitcoin Accounting

(Bloomberg Law) — MicroStrategy Inc. can’t strip out Bitcoin’s wild swings from the unofficial accounting measures it touts to investors, the SEC said. Most Read from Bloomberg Bad news for the MicroStrategy was compounded as the company’s shares fell as much as 20% Friday, the biggest intraday collapse since Feb. 23. Its stock closed at $375.89, down nearly 18%. Bitcoin also tumbled, and was down more than 7% around 4:15 p.m. in New York. The enterprise software maker, which said in… Source link

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Virgin Galactic Sued by Investor Over SPAC’s Accounting Issues

Benzinga AMC & GME are Not the Only Reddit Penny Stocks to Buy According to Top Wall Street Analysts If you’re looking for penny stocks to buy right now, I’m sure you’ve seen plenty of attention placed on social media, namely Reddit. The phenomenon that began earlier in the year thanks to GameStop (NYSE: GME) stock has caused an avalanche of trading activity spilling over into other heavily shorted names. Whether you’re talking about beaten-down meat alternative stocks like Beyond Meat… Source link

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Why it could be ‘an accounting nightmare’ to try to work and collect Social Security benefits until this age

The New York Times Prosecutors Investigating Whether Ukrainians Meddled in 2020 Election Federal prosecutors in Brooklyn have been investigating whether several Ukrainian officials helped orchestrate a wide-ranging plan to meddle in the 2020 presidential campaign, including using Rudy Giuliani to spread their misleading claims about President Joe Biden and tilt the election in Donald Trump’s favor, according to people with knowledge of the matter. The criminal investigation, which began… Source link

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How Accounting Firms Can Create an Effective Google Ad Campaign

Creating a Google Ad Campaign may seem daunting, but it’s not that hard once you figure out a few things, such as what your selling, where you’ll link, to whom you’re selling, and the amount you want to spend. Armed with those answers, you’ll be able to research the keywords that will work and how much they will cost. Here’s how to plan your campaign. Step 1 – What services? Define what you’re selling, such as tax, bookkeeping, or outsourced CFO services, etc. Choose only one… Source link

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