Meta’s Accounting Move on AI Servers to Boost Profit This Year
Meta Platforms Inc. made a small change last month that’s likely to increase the company’s profit by billions of dollars this ...
How Modern Accounting Drives Business Growth
For years, accounting has been seen as a back-office function focused on compliance, managing financial records and ensuring ...
Bitcoin boosts Tesla profits by almost $600 million after accounting rule change
Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies as net income.
Freshfields' Profits Hit by Accounting Changes, LLP Accounts Show
The law firm's Limited Liability Partnership accounts, filed in the U.K.'s Companies House, said profit "available for ...
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Tesla Enjoys $600M Bitcoin Profit Jump After Accounting Rule Change
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.