ST Alpha - "This is an interesting thread on the Trump finances story. Would be interested to hear from our accounting friends (nmblink)" (Reading a Post)

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This is an interesting thread on the Trump finances story. Would be interested to hear from our accounting friends (nmblink)

Posted by ralph wiggum (aka Wiggum17) Sep 29 '20, 09:34

nm

Intuitively makes sense (twitter.com)

Responses:

There's no details in the accounts before they started operating so you can't really tell much. - spamlet Sep 29, 10:28 6
- So, ostensibly, he would need to be able to justify to the auditors any increase in the stated value of the property reflected in the financials? -- nm - znufrii needs to cancel his gym membership Sep 29, 10:49 3
  - Right and that is typically “I spent X on the construction” - spamlet Sep 29, 10:55 2
    - Ok, thx. - znufrii needs to cancel his gym membership Sep 29, 11:02 1
      - That could be. I don't have any of that information. - spamlet Sep 29, 11:06
- So a full audit, predictably, could take forever. And has. -- nm - JaxSean, Anti-Pumpkin Sep 29, 10:40 1
  - As far as that goes, it's likely the refund claim they're fighting over that has left it "under audit" all this time. - spamlet Sep 29, 10:45
So, he's the world's worst and world's best money launderer. -- nm - Inigo Sep 29, 10:22
I don’t know if it is true, but it feels true given all the other pieces we know about. On the other hand, if this has been laying in plain sight - znufrii needs to cancel his gym membership Sep 29, 09:58 2
- Because most of it is likely "legal?" - JaxSean, Anti-Pumpkin Sep 29, 10:30
- Agree that it feels true. I'm not sure how much has been in plain sight or not. -- nm - Volnelk Sep 29, 10:05
I scanned that earlier but haven’t looked in depth. Will try this afternoon -- nm - spamlet Sep 29, 09:35

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