Originally Posted by
Sunfish
You missed my observation on the lack of forensic aviation accounting capabilities in Australia.
No, I most assuredly did not. In fact, I addressed that point quite specifically and directly.
You said,
Originally Posted by
Sunfish
In addition, I have observed repeatedly that there is precisely ZERO forensic aviation accounting talent outside Qantas and Virgin, so Deloittes are in the dark about the value of much of Virgin.
And I noted that,
Originally Posted by
MickG0105
... Deloitte had direct and unfettered access to one of your nominated sources of 'forensic aviation accounting talent' - the entire Virgin finance team!
Originally Posted by
Sunfish
None of this stuff carries a book value, no matter what accounting principles Deloittes dreams up.
Originally Posted by
Sunfish
... yes, there are standards for accounting valuations of intangibles and all sorts of other stuff.
How do you reconcile those two statements?!