Big Tech changes accounting standard and boosts the bottom line (ft.com) 5 points by philoinvestor 2y ago ↗ HN
[–] philoinvestor 2y 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.
2 comments
[ 2.7 ms ] story [ 15.5 ms ] threadDoes that sound fair to you or excessive? Thanks.