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this post was submitted on 22 Nov 2023
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eh... maybe there's a reason most accountants aren't allowed to cook the books? maybe? Cry me a river, build a bridge and get over it.
I'm no accountant, but I'm pretty sure they're supposed to, Jeffrey.
This. Any decent accountant or financial manager would know this. The fact that he made this statement at best means he's incompetent at his job and at worst is an indication of crocodile tears.
Yeah, things aren't worth more than their value unless there's sentimentality associated with it, and no one's getting sentimental over a hotel. Nothing professional will ever value something beyond numbers, this is a gigantic embarrassment for him.
Thing is, it wouldn’t surprise me if this guy was being sincere. Take it to be a sign of our times, but I could see this guy getting lulled into the cult unwittingly. Always remember some Trumpers know what they’re doing and others don’t; the extremists deserve the rack (figuratively, of course), but most of them just deserve a stiff smack in the head and a scolding.
“Look, you can’t just like, appraise things for some kind of dollar value and pretend that that’s what they’re worth.” — This guy’s appraiser.
Yeah, crime.
I dunno. I used to accountant. We did a lot of crimes
Look, sometimes we have an asset with a book value of $10 mil, which means we can brag about it on social media, just like my uncle used to do - great man, very smart and perfect genes from Levis Strauss. Ok, very creased from ironing but this was before my superior roulette steak company. Perhaps market value is, you know, what they are saying is, ok, approximately 2 bananas when the property tax appraiser comes around. Therefore, the numbers don't represent what the assets are worth. Technically he made a correct statement. Believe me, the best kind of correct. Just like McKinsey and Ivy League. That's what people are saying. Anyway, everyone can have a gaap in judgment. Sometimes our brain is an impaired asset. But I have a special excretory operation and need your support - please donate now and you will be rewarded with an honorary one-sheet ply of branded water closet paper.