On 11/02/2008, Anthony wikimail@inbox.org wrote:
On Feb 11, 2008 4:06 PM, Thomas Dalton thomas.dalton@gmail.com wrote:
On 11/02/2008, Anthony wikimail@inbox.org wrote:
I don't have a problem with the statement. I have a problem with someone voting to approve a statement that they don't understand.
Acknowledging that something is misleading is not the same as not understanding it.
No, it isn't. But I've applied Hanlon's razor here.
I don't see how anything Ant has done was either stupid or malicious...
The whole point of the financial statements is to clearly present the facts.
To people with a decent amount of financial knowledge, yes. To an accountant, it probably makes perfect sense to group certain things together, and that's why they do it. It clearly makes no sense to me, you or Ant, but we're not really the intended audience - that's why people employ accountants and brokers in order to deal with the details that they don't have the training to understand.