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

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

Agriculture company ADM disclosed more accounting problems and will amend some past financial results while slashing its ...

Tesla profits rose 34% on a bitcoin boost last quarter following an accounting rule change. Tesla's paper gains on bitcoin accounted for nearly $600 million of its net income this quarter.

It was a tweak to an accounting formula used to measure the ... amount to almost 4% of the estimated pre-tax profits for the year. With Meta planning to spend as much as 75% more this year on ...