Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies as net income.
Understanding government and nonprofit financials can help you trace where your dollars are really going. Both use an accounting system called fund accounting.
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.
ACC 4700 - Governmental and Not-for-Profit Accounting An in-depth study of the accounting principles and financial reporting unique to the governmental and not-for-profit sectors of the U.S. economy.
This course is only offered to students in the MBA in Professional Accounting program who have completed Income Taxation (22:835:603). 22:010:552 - (3 credits) - Governmental and Not-for-Profit ...