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Normally this accounting problem is solved by capitalising those expenses and then matching them against future revenue. Otherwise every company that made inve
by calpaterson 8y ago
Normally this accounting problem is solved by capitalising those expenses and then matching them against future revenue. Otherwise every company that made investments would have the problem where investments in the future were affecting this years' profits.
Does anyone know where the original filings can be found? Is this in EDGAR somewhere (I'm outside the US)?
- berberous 8y agoLooks like they sold non-registered bonds to institutional buyers. So not on EDGAR. They have a website where you have to submit name/company to get access, which is linked to in the below. https://www.businesswire.com/news/home/20180802005853/en/WeWork-2018-Financial-Results-Conference-Call https://www.businesswire.com/news/home/20180802005853/en/WeW...