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FASB Issues Proposal on Crypto Assets

On March 23, 2023, the Financial Accounting Standards Board (FASB) issued a proposal to provide accounting and disclosure rules for certain types of cryptocurrency assets. The proposal would help companies more accurately reflect the economics of such assets. If finalized,…

Orangewood Partners Makes Strategic Investment in DLA, LLC

New capital will support the acceleration of leading internal audit and accounting advisory firm’s growth NEW YORK – March 29, 2023 – Orangewood Partners (“Orangewood”), a long-term focused private investment firm, today announced a strategic investment in DLA, LLC (“DLA” or…

Common Accounting Pitfalls for Startups to Avoid

Accounting is a critical element when launching a successful business venture. Unfortunately, it’s also an area where startups tend to make mistakes. Here are some common (and avoidable) errors that entrepreneurs should watch out for. Failing to track expenses Starting…

DLA Tax Tips

Effective tax planning can accomplish much more than just saving income taxes for the current and future years. If done properly, effective tax planning can maximize the amount of funds you will have available for retirement, reduce the cost of…