With the current accounting rules his books look impaired even though they aren’t.
Can somebody explain to me what “fair value accounting” is and why this is beneficial for businesses as nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m describes?
Assume double digit IQ.
With the current accounting rules his books look impaired even though they aren’t.
I see. They are about to look repaired. 🫂