re: OT- Apparently Buck Belue is a Liberal

quote:

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I saw in article recently where Trump's CFO claims he's not familiar with GAAP, which is like Gordon Ramsey saying he's not familiar with potatoes.

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I found an article where the deposition is quoted. The CFO says he's not a CPA and never studied for the CPA, so he's not an expert in all the components of GAAP. CFO's in medium and large businesses are not accountants, they may have an accounting background, but typically the real accounting work goes to a Big4 or some internal underlings who do the actual real accounting which is then audited by a big4. So this isn't the big gotcha that people are making it out to be. On the other hand, if the CFO was doing the hands on accounting for the business, and claimed to not know shite about GAAP, that would be a big problem. But it still wouldn't necessarily be criminal unless it was a publicly traded company. That's how I understand the situation. I also am not an accountant but did take two accounting classes at UGA. A long time ago.