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Yes, you can't argue with the money. But I have never really agreed with money as the scorecard and detest those that do. Block isn't just a financial accounting ignoramus he is also a pretty pathetic specimen if this is all he can find to do with his time given that he presumably doesn't need to do so. But, then again, there are plenty in…

As a career Group FC of about 20 years, I never had a Group FD who understood the financial accounting any better than the audit partner. As I have posted elsewhere, the skill set required by a Group FD is completely different to that of a Group FC. What you have is varying degrees of being able to field questions about the accounts. This doesn't,…

What strikes me about the movements in the Burford Capital (LON:BUR) share price this week is that they clearly indicate the widespread and almost complete lack of understanding of how a set of consolidated statutory accounts are constructed. Block has been able to create pandemonium in the market by suggesting that Burford's accounts are fraudulent to people who clearly haven't the faintest idea of how…

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