Indeed. $1.4 B in cash didn't just walk off.I glanced at the article. Seems someone is just doing a simple roll forward of capex reported and PPE changes and noticing something that is probably easily explainable and correct accounting wise. Tons of potential nuances in PPE, revalues, write-offs, leases, sales etc. If $1.4b disappeared from working capital I’d be far more concerned.
And blank line items. Holy shit would i be in jail.Only government gets away with not using double entry accounting.
@Bob_C and @PurpleThrobber first and right again.
The good news is he and soccerduck will both show up to this thread and apologize for being so wrong yet again.Shocked the Buck fell for it
Again
Auditors don’t even need to see the financials to call bullshit on “journalists” and Buck.@Bob_C and @PurpleThrobber first and right again.
Don't fuck with the number crunchers.
Sad. Was kind of hoping the mythical MBA would weigh in.
Didn't even need to be an auditor.Auditors don’t even need to see the financials to call bullshit on “journalists” and Buck.@Bob_C and @PurpleThrobber first and right again.
Don't fuck with the number crunchers.
Sad. Was kind of hoping the mythical MBA would weigh in.