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The fact that US companies have to count unrealized gains / losses on their income statement is just absurd.
by christophilus 5y ago
The fact that US companies have to count unrealized gains / losses on their income statement is just absurd.
- devonbleak 5y agoMeans no (or at least fewer) surprises when it becomes realized. In the context of the scandals of the past it makes sense.
- christophilus 5y agoIt makes sense to report them; just not as earnings or losses. It makes reasoning about earnings more annoying. I now have to subtract that out to determine how things are faring, as quarter-to-quarter, and even yearly-to-yearly moves in equities are largely noise.
- pkaye 5y agoIs it different in EU?