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Politics : Formerly About Advanced Micro Devices

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longz

To: Tenchusatsu who wrote (1452310)	4/15/2024 6:12:43 PM
From: i-node	1 Recommendation of 1575917

>> ... says someone who thinks Trump told the truth when he claimed one of his properties was 30K ft2 when it was actually 11K ft2. Says someone who recognizes this kind of stuff happens. Accountant calls client: "That building you have down on Central? How many square feet you got down there?" Client: "You mean total square feet? I think it is around 30,000 total, everything counted. You need an exact number?" Accountant: "Nah. It isn't part of the financial presentation. Just for the footnotes." 20 years later, two accounting firms later: Accountant: "That building you have down on Central? I see there's a building on Central. Says on the financials about 30K sf. Sound about right? Client bookkeeper: "Yeah, probably. You need me to check it?" Accountant: "No, not really. Have you had any major additions or sales?" Client bookkeeper: "No, nothing new." Accountant: "Ok, 30K it is". That 30K sf amounts to less than 5% of the total. Immaterial even to the building, let alone the entire financial statement. Shit happens.

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