4min chapter

The Accounting Podcast cover image

2023 Predictions for the Accounting Profession

The Accounting Podcast

CHAPTER

Is Private Equity Going to Buy SaaS Startups?

David Bianculli: A lot of these Neo banks are probably going to be in trouble. He says private equity will buy apps and get rid of two thirds of the fat that are happening at these companies. The FASB is working on it, but we are not there yet, he says. Biancullis: Deloitte feels they have enough of a smoke shifter to offer an opinion on coin base,. But crypto accounting standards are way too young and mostly non-existent.

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