#gaap — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #gaap, aggregated by home.social.
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#MichaelSaylor, king of the "borrow money to buy #bitcoin" bros, is about to announce a fourth quarter #GAAP loss of over $17 billion which will rank among the largest quarterly losses ever recorded in american business history.
#MSTR #Saylor #stockmarket #economics #finance #crypto #cryptocurrency #MicroStrategy
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Another crack in the perception of the AI boom?
Michael Burry posted on social media suggesting cloud hyperscalers are understating depreciation expenses by estimating that chips will have a longer life cycle than is realistic. Burry indicated that more detail was coming on Nov. 25.
“Understating depreciation by extending useful life of assets artificially boosts earnings - one of the more common frauds of the modern era." https://www.cnbc.com/2025/11/11/big-short-investor-michael-burry-accuses-ai-hyperscalers-of-artificially-boosting-earnings.html #AI #GAAP #Depreciation #Accounting #Hyperscalers #Cloud #AIBoom #GPUs
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👋 Hello everyone!
I’m Aashok Kumar Sharma, a finance professional with over 16 years of experience in Finance, Accounting Systems & Operations, IFRS, GAAP, Auditing, Taxation, and Company Law.
On Mastodon, I look forward to sharing thoughts on finance, governance, taxation, and leadership, and connecting with others.
Let’s build a network that values clarity, accuracy, and growth in the world of finance. 💼📊
#Introduction #Finance #Accounting #IFRS #GAAP #Business #Leadership #Taxation