Question
Compare EACH of Tesla's below accounting policies to its competitors (any specific differences that exist), and how each of those differences will impact the comparability
Compare EACH of Tesla's below accounting policies to its competitors (any specific differences that exist), and how each of those differences will impact the comparability of the company's reported results. Accounting policies are below-
1- Principles of Consolidation-
2- Revenue Recognition Revenue by source
3- Automotive Segment
4- Automotive Leasing Revenue
5- Direct Vehicle Operating Leasing Program
6- Services and Other Revenue
7-Energy Generation and Storage Segment
8-Research development cost
9- Comprehensive Income
10-Stock based compensation
11- Supply risk
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1 Principles of Consolidation Tesla consolidates its wholly owned subsidiarieswhile some competitors may use equity accounting for certain subsidiariesThis difference can affect the comparability of r...Get Instant Access to Expert-Tailored Solutions
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Contemporary Auditing
Authors: Michael C Knapp
12th Edition
357515404, 978-0357515402
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