If someone in St. George had bothered to find someone who knew something about accounting, they could have passed off bogus numbers as reasonable unuadited financials. But they presented numbers is such an amateurish way that it was immediately clear that the same morons who wrote the June financials were still in charge at year end.
If I was trying to con someone with bogus numbers, I'd be very careful about making the presentation as attractive and normal looking as possible. When the numbers are lies, why get creative with the format? Why draw attention to the fact that BYU finance majors not only don't know what makes up a balance sheet, but are too dumb to look in a book or ask a real accountant how to format the numbers to look presentable.
Far to many mistakes were made here. It's almost as if JP wanted to get caught.
Of course, there is another theory. What if JP ran the place with such an autocratic manner that he consulted with no one, did as he damn well pleased and didn't tolerate hearing from anyone that anything was wrong. What if the UAF's we saw were solely JP's own doing? Even a book keeper would know what a balance sheet looks like. She would not have made those mistakes. What if this truly was a one man show with 20 people 'hired' or just paid to hang around and make it look good.
AI
