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Bitcoin's Huge Accounting Win

Comments

  • PurpleThrobberPurpleThrobber Member Posts: 44,281 Standard Supporter
    Not all impairments are created equal.

    Fuck IFRS. US GAAP or die, bitches.



  • Bob_CBob_C Member, Swaye's Wigwam Posts: 10,648 Swaye's Wigwam

    Not all impairments are created equal.

    Fuck IFRS. US GAAP or die, bitches.



    I once saw a $500m goodwill impairment like 12 months after an M&A under IFRS.
  • PurpleThrobberPurpleThrobber Member Posts: 44,281 Standard Supporter
    Bob_C said:

    Not all impairments are created equal.

    Fuck IFRS. US GAAP or die, bitches.



    I once saw a $500m goodwill impairment like 12 months after an M&A under IFRS.
    Canadian mining company?

    The good old Vancouver BC stock exchange, home to thousands of pump and dumps.
  • Bob_CBob_C Member, Swaye's Wigwam Posts: 10,648 Swaye's Wigwam
    edited October 2022

    Bob_C said:

    Not all impairments are created equal.

    Fuck IFRS. US GAAP or die, bitches.



    I once saw a $500m goodwill impairment like 12 months after an M&A under IFRS.
    Canadian mining company?

    The good old Vancouver BC stock exchange, home to thousands of pump and dumps.
    French consumer products. When the buyer models out never diminishing gross margin gains and the opening of like a hundred countries for new markets into the purchase price, the rest takes care of itself.
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