#financialstatements — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #financialstatements, aggregated by home.social.
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Coordinator of fake agency shares appointment letter bearing OSGF letterhead
Tinubu also ordered the immediate suspension of three permanent secretaries allegedly linked to the operation of the fake agency and ordered the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to conduct an investigation into its formation and operation. -
To build true wealth, we need to permanently and legally lower our taxes all the way to zero in many instances.
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#masterinvestor #business #assets #cashflow #investing #business #success #freedom #investments #successful #investors #money #free #financing #financialstatements #capitalism #financing #wealthy #investingtips #millionaires #billionaires #trillionaires #entrepreneurs #cashflow #debt #taxes #education #financialeducation #moneytalk #businessowners #trending #news -
GPT4 does a good job analysing financial statements using Chain-of-Thought prompting, if this holds i see a lot of opportunities for other standardised reports in various domains.
https://bfi.uchicago.edu/working-paper/financial-statement-analysis-with-large-language-models/
#AI #LLM #GPT4 #finance #financialstatements #ChainofThought #CoT -
Bingo: Trump Admits Intent to “Induce Lending” With Financial Statements
https://newrepublic.com/post/176694/trump-admits-intent-induce-lending-financial-statements
#NewRepublic #TrumpLending #FinancialStatements #InduceLending #TrumpAdmits #Bingo #Politics #News
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#CameronHarris, argued the #Trumps are #responsible for their #FinancialStatements
#DonaldTrumpJr & #EricTrump, who signed the representation letr. & the engagement letr. for the 2021 compilation of #Trump’s statements of #financial condition, were a focus of the PM court session.
When #DonaldBender was engaged, #AllenWeisselberg, fmr #TrumpOrg CFO, played that role, but by 2021, the responsibility for retaining & managing the #accounting relationship seems to have shifted to the #TrumpSons.
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Back to the #TrumpTrial #day2
During #CrossExamination this afternoon, #Trump #lawyer Jesus #Suarez tried to pin the blame for #inflated #FinancialStatements on Trump's fmr #accountant, #DonaldBender.
Suarez noted in his questioning that #Bender was the only #CPA compiling the documents, & that others involved like #AllenWeisselberg didn't have that level of expertise. (Um, he was the CFO - the Chief Financial Officer 🤦🏼♀️)
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#Engoron also noted that there are significant land use restrictions attached to the property, & he wrote that #Trump’s #FinancialStatements, valuing MAL at roughly $426.5M to $612.1M between 2011 & 2021, are “materially #false & #misleading” bc they don’t reflect those restrictions.
#Trump was #wrong to suggest that the judge had agreed in court that MAL is worth even more than his financial statements claimed.
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Fmr #Trump #accountant #DonaldBender testified that at one point he discovered that Trump & his company were #withholding certain docs that should have been given to him as he compiled Trump's #FinancialStatements.
Trump &… #AllenWeisselberg, sent #Bender letters asserting they'd "made available to you all available records & financial data" & had "not knowingly withheld from you any #financial #records or related #data that in our judgment would be relevant to your compilation."
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#Trump also delivered some mixed messages (shocker) on the #FinancialStatements that the #judge already found are #fraudulent, maintaining the statements were "incredibly strong" (didn’t say they weren’t fraudulent; perhaps they’re “strongly fraudulent”) while also saying that there were #disclaimers suggesting #FinancialInstitutions shouldn't rely on them.
"There was absolutely no fraud," he said, calling the AG's case against him "a scam & a fraud."
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Continuing his #testimony, fmr #Trump #accountant #DonaldBender #testified that the info he used to compile Trump's #FinancialStatements came from the #TrumpOrganization, NOT him.
The #judge already found the #financial statements were grossly #inflated & #fraudulent.
The AG's office is trying to show a #pattern of behavior through documents bolstering #Bender's claim, indicating he & the accounting company he worked for relied on docs that Trump & his company provided them.
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On Wed, James fired an opening salvo, arguing that a #trial is not necessary to find that Trump & the other defendants inflated the value of their assets in annual #FinancialStatements, #fraudulently obtaining favorable #loans & #insurance arrangements.
The #fraud was so pervasive, she said in a court filing, that Trump had falsely boosted his #NetWorth by between $812M & $2.2B each year over the course of a decade.
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Attention all! The quarter end is fast approaching, and that means it's time to buckle down and prepare those financial statements.
Don't wait until the last minute, start now to ensure accuracy and avoid any unnecessary stress.
This is also important for non-businesses. Go over your personal budget, make sure your accounts look right by reconciling them. Evaluate the last quarter and plan for the next.
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Marathon Digital bungles crypto impairment sums, will reissue financials - The Bitcoin miner received a letter from the SEC on Feb. 22 which... - https://cointelegraph.com/news/marathon-digital-bungles-crypto-impairment-sums-will-reissue-financials #financialstatements #marathondigital #corescientific #earningscall #annualreport #impairment #accounting #principal #audited #agent
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SEC-retly Failing: How the SEC Is Letting Crypto Down - When Gary Gensler (ex-Goldman Sachs investment banker) was announced as the new he... - https://news.bitcoin.com/sec-retly-failing-how-the-sec-is-letting-crypto-down/ #financialstatements #privatediscussions #madoffponzischeme #subprimemortgages #investmentbanker #opinioneditorial #financialcrisis #investmentbanks #josephcollement #accountability #cryptoindustry #investigations #securitieslaws #politicalwill #smallprojects #customers