Big Tech changes accounting standard and boosts the bottom line (opens in new tab)

(ft.com)

5 pointsphiloinvestor2y ago2 comments

2 comments

I found this interesting. Microsoft added $3.7bln in EBIT last year from this accounting change. They now say their servers and network equipment have a useful life of six years.

Does that sound fair to you or excessive? Thanks.

j / k navigate · click thread line to collapse

Big Tech changes accounting standard and boosts the bottom line (opens in new tab)

(ft.com)

5 pointsphiloinvestor2y ago2 comments

2 comments

RicoElectrico2y ago

https://archive.is/m3tYZ

philoinvestorOP2y ago

I found this interesting. Microsoft added $3.7bln in EBIT last year from this accounting change. They now say their servers and network equipment have a useful life of six years.

Does that sound fair to you or excessive? Thanks.

j / k navigate · click thread line to collapse