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Old 05-20-2011, 12:46 AM   #15
Dirtbag59
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Join Date: Jan 2006
Location: Atlanta, Georgia From: Silver Spring, Maryland
Age: 40
Posts: 14,750
Re: 8th Circuit Court Grants Stay, Lockout Continues

Quote:
Originally Posted by SirClintonPortis View Post
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.
You do realize I was an Acccounting Major at one point right? And I'll have you know I got an A in both Survey and Financial Accounting, a B in Managerial but still. And I mean sure I took Survey after Financial to boost my GPA but thats NOT THE POINT HERE SCP. Don't make me go passive aggressive on you again because I'll do it. I swear.
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