Comments by "Aden Wellsmith" (@adenwellsmith6908) on "Large company accounts are works of fiction" video.

  1. The government is a corporation. Why does it leave these debts off the books? Is that what you are teaching your students? 1. Pensions 2. Nuclear clean up 3. Losses on insurance contracts 4. The EU 5. Unpaid wages 6. Unpaid invoices 7. Expected payouts - eg post office, NHS damages.
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  2. Latvia - 20%. Must be like Port au Prince in Haiti. Ah yes, it isn't its doing nicely. Why the does Richard want 50% plus taxes? Answer its his fat cat pension.
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  3. Interestng that Richard and other Public Sector Accounts have missed over £16 trillion [not billion, trillion] of liabilities off the books.
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  4. and why do accountants like Richard [ex public sector] omit all the big debts off the balance sheet?
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