Meta Platforms Inc. made a small change last month that’s likely to increase the company’s profit by billions of dollars this ...

By Meta's reckoning, the shift is expected to reduce the company's depreciation expense by $2.9 billion in 2025, which would, ...

Elon Musk’s company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without ...

The law firm's Limited Liability Partnership accounts, filed in the U.K.'s Companies House, said profit "available for ...

For years, accounting has been seen as a back-office function focused on compliance, managing financial records and ensuring ...

Airport owner Cornwall Council had another of its companies write off almost £4m of the airport's debts to make it look like ...

A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.

Families desperate to help their children raised thousands. The lack of accounting for where it went is "mind boggling," the ...

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.

MPs have branded owner Cornwall Council's behaviour as 'smoke and mirrors' accounting and a 'cover-up culture' as it tries to ...

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.