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Aaron Jacob, head of accounting solutions at TaxBit, said new crypto asset accounting guidance from the Federal Accounting Standards Board is expected to encourage the adoption of digital assets as it provides more clarity on accounting, reporting and disclosure of such assets. Measuring and reporting digital assets at fair value can bring various benefits, such as greater transparency and insights to inform decision-making, provided that the calculations are made correctly, Jacob said in an opinion article published on Accounting Today.
MoreCloud storage company Box has been selected by the Administrative Office of the U.S. Courts to supply a cloud-based content management platform to the Defender Services Office to enable DSO to securely share content with U.S. district courts, federal public defenders and investigators. The company said Thursday DSO works to support Criminal Justice Act panel attorneys and federal public defender organizations representing indigent clients accused of federal crimes.
MoreHighlight Technologies has launched a new innovation laboratory to conduct research and development of new technology capabilities for defense and government applications. EdgeWerx will enable Highlight and its partners to apply infrastructure as code, artificial general intelligence and open source infrastructure to mature new concepts into demonstrable software technologies, Highlight said Tuesday.
MoreDatabricks' enterprise software is now available to the intelligence community through Amazon Web Services' digital catalog of third-party software, data and services. The company said Monday its listing in AWS Marketplace for IC will allow customers to purchase and deploy a suite of artificial intelligence-powered tools to build, maintain and unify their data, analytics and AI tools.
MoreBilly Nolen, former acting administrator of the Federal Aviation Administration, has been elected to the board of directors at commercial aviation services provider AAR Corp. The U.S. Army veteran brings over three decades of experience in aviation safety management, operations, certification and regulatory affairs.
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