On 11/02/2008, Anthony <wikimail(a)inbox.org> wrote:
On Feb 11, 2008 4:06 PM, Thomas Dalton
<thomas.dalton(a)gmail.com> wrote:
On 11/02/2008, Anthony <wikimail(a)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.