The end of the cryptocurrency ‘nightmare’ on ledgers?

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OPPORTUNITY AHEAD?  Boyd E. Foster Jr., a partner at Feeney, Foster & Cavanagh CPAs LLC, says recommendations from the Federal Accounting Standards Board that would facilitate tracking the value of cryptocurrencies held by businesses could allow his firm to take corporate customers who have these assets.  PBN PHOTO/MICHAEL SALERNO
OPPORTUNITY AHEAD? Boyd E. Foster Jr., a partner at Feeney, Foster & Cavanagh CPAs LLC, says recommendations from the Federal Accounting Standards Board that would ease the tracking of the value of cryptocurrencies held by businesses could allow his firm to accept corporate clients who have these assets. PBN PHOTO/MICHAEL SALERNO

As cryptocurrency investors rode the digital currency roller coaster over the past several years, Claire M. Iacobucci was right beside them. As partner and director of audit and quality control for Kahn, Litwin, Renza & Co. Ltd., Iacobucci knew that the volatile market made her difficult job that much more difficult. In her words, it was “a reckoning…



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