Palm has put in place several accounting methods that have many people trying to figure out which way is up. Fortunately a mid-game rule change that many companies have been pulling for has recently been approved.

Before the change Palm ware required to account for revenue brought in by the Palm Pre over a two year period, this would allow them to offer free software upgrades for devices. Starting in 2011 the Financial Accounting Standards Board will allow companies to start accounting for the profits generated by devices immediately rather than over a two-year period like before. Companies are technically allowed to adopt this change right away.

This change really has no big affect on Palm’s financial bottom line; this only affects how the finances are reported. There is no need for concern for average customers.