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A comment on Google announces Q1 2023 earnings [pdf]. Parent comment

Re:Google announces Q1 2023 earnings [pdf] by hardikgupta on Tuesday April 25, 2023 @05:27PM (#35706980)
> Some things that stood out to me, changing depreciation rules to “magically” generate $770M in revenue.

Changing depreciation schedule has no impact on revenue. It only affects costs and therefore profit.

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Re:Google announces Q1 2023 earnings [pdf] by ChuckMcM on Tuesday April 25, 2023 @06:37PM (#35707662)
You are correct.

Public companies can change their depreciation schedules at any time and accounts use that fact to change their "losses" in a way that is most beneficial to the company. Too much profit so have to pay taxes? Depreciate things faster. Not enough profit to appease the investors? Depreciate things more slowly.

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