Accounting changes introduced in 2018 cause wild swings in net income
Thank you for taking this out from behind the paywall.
Rule ASU 2016-01 seems an odd change, what was hoped to be achieved by this?
Also is the unrealised loss a deductible for corporate tax purposes?
Thank you.
Fine analysis, Ravi!
Thank you so much for the write up and for sharing it with everyone!!
Berkshire Hathaway's Distorted Quarterly Results
Thank you for taking this out from behind the paywall.
Rule ASU 2016-01 seems an odd change, what was hoped to be achieved by this?
Also is the unrealised loss a deductible for corporate tax purposes?
Thank you.
Fine analysis, Ravi!
Thank you so much for the write up and for sharing it with everyone!!