logoalt Hacker News

andersmurphyyesterday at 7:54 AM1 replyview on HN

Yeah what's crazy is most of these companies are making accounting choices that obscure the true cost. By extending the stated useful life of their equipment, in some cases from 3 years to 6. Perfectly legal. And it has the effect of suppressing depreciation expenses and inflating reported earnings.


Replies

navigate8310yesterday at 9:54 AM

But don't they palpitate for thise sweet depreciation credits to decrease their tax on revenue?

show 1 reply