View Single Post
Old 05-20-2011, 12:37 AM   #11
SirClintonPortis
Pro Bowl
 
SirClintonPortis's Avatar
 
Join Date: Oct 2008
Posts: 6,052
Re: 8th Circuit Court Grants Stay, Lockout Continues

Quote:
Originally Posted by Dirtbag59 View Post
Right hypothetically they should be giving the third party access to information that they won't let the NFLPA see for themselves. From that the Third Party should determine weather or not the records are accurate and not a repeat of Mike Browns "General Manager Bonus" or the Eagles Owner $7 million salary being counted as a general expense.

Maybe I need to look into this more as I can't find an article that says either or, but what I'm hearing the third party would be able to see the details while the NFLPA would have to settle for the basic summary.



Maybe I'm reading it wrong but having information verified in accounting usually means seeing the source documents. Receipts, expense reports, etc.
You won't know the nitty gritty until you learn the basics of accounting wholesale, like I have. I'm no expert, but I do have some sense of what they the players will and certain tricks that can change up the numbers a bit see.

There are two branches of accounting. Financial accouting is the branch of in which the accountants prepare statements for public viewing.

Then there is managerial accouting, which is intended to be viewed only within the company. What is in the managerial accounting books are what the players want to see.

I actually will doubt they'll see the actual receipts, just that the statements will match whatever is being claimed. However, since it's third party, there is at least some incentive to not fudge too much.
__________________
Analysis using datasets (aka stats) is an attempt at reverse-engineering a player's "goodness".

Virtuosity remembered, douchebaggery forgotten.

The ideal character profile shoved down modern Western men and women's throats is Don Juan.
SirClintonPortis is offline  

Advertisements
 
Page generated in 0.11336 seconds with 10 queries