Big Tech changes accounting standard and boosts the bottom line

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	Big Tech changes accounting standard and boosts the bottom line (ft.com)
	5 points by philoinvestor 821 days ago

2 comments

RicoElectrico 821 days ago

https://archive.is/m3tYZ

link

philoinvestor 821 days 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.

link