Big Tech changes accounting standard and boosts the bottom line

Big Tech changes accounting standard and boosts the bottom line(ft.com)

5 points by philoinvestor 2 years ago | 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.

RicoElectrico 2 years ago |

https://archive.is/m3tYZ

philoinvestor 2 years 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.