The latest 10-minute accounting and auditing episode includes updates on Financial Accounting Standards Board (FASB) and American Institute of CPAs (AICPA) issues, including:

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• FASB approved the Private Company Council’s Practical Expedient to Measure Grant-Date Fair Value of Equity-Classified Share-Based Awards
  
  
• What CPA firms need to know about the AICPA proposed Statement on Quality Control Standards
  
  
• AICPA issued a technical question and answer on the Shuttered Venue Operators Grant and Restaurant Revitalization Fund Grant accounting by recipient
  
  
• Bitcoin basics for nonprofits: Accepting and valuing crypto asset gifts