,
3 tweets,
1 min read
Read on Twitter
This line of questioning is hilarious here's why: (#1)Go get two independent appraisals of your house, they will be different. Now multiply difference x scale of Trump real estate assets. (#2) How much is a "brand" worth? In accounting (RE: Licensing) the answer is subjective.
Asset value, appreciation and/or depreciation, is an estimate based on a fair and approximate review. For business purposes there are times, all legitimate, when directors take the high-side evaluation; and other times take the low-side. Thus the essence of Risk Mgmt guidance.
There is an entire accounting industry of specialists known as "Risk Management" accountants; or actuaries. The first job of an actuary is to ascertain from the CFO, Board, CEO or Director, the overall financial disposition of the organization on a sliding scale.
