Spike isn’t a licensed CPA. He didn’t even pass Financial Accounting freshman year. Spike doesn’t understand debits, credits, GAAP principles, separation of duties, IFRS, or the differences between FASB and GASB. He knows nothing about the SEC or what a Form 10-K is. He doesn’t understand how to keep a company from running afoul of Sarbanes-Oxley. He’s never prepared financial disclosures for a lemonade stand, let alone a “legitimate” business.
Spike isn’t a licensed CPA. He didn’t even pass Financial Accounting freshman year. Spike doesn’t understand debits, credits, GAAP principles, separation of duties, IFRS, or the differences between FASB and GASB. He knows nothing about the SEC or what a Form 10-K is. He doesn’t understand how to keep a company from running afoul of Sarbanes-Oxley. He’s never prepared financial disclosures for a lemonade stand, let alone a “legitimate” business.
Ofc the paperwork is wonky.
On the plus side, though, he’s got close connections with royalty, and can probably arrange for the problem to ‘go away’ in a pinch.