Accounting Firm Drops Trump Organization Over Dubious Financial Docs

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Accounting Firm Drops Trump Organization Over Dubious Financial Docs
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The Trump Organization's longtime accounting firm Mazars said it no longer wants Trump's business, as it doesn't trust the financial documents the Trump Org has given them.

The Trump Organization’s trusted outside accounting firm has taken the unprecedented step of ditching its client, explaining that the former president’s family company has a decade of financial statements that can’t be trusted.that has long worked with former President Donald Trump’s family and friends—was revealed in court filings in New York on Monday.

While the criminal case is proceeding quietly before a grand jury in New York City, Monday’s revelations stem from the AG’s civil lawsuit, which seeks to force Trump and two of his adult children to testify about business dealings.to the Trump Organization on Feb. 9, the U.S. branch of the global accounting firm Mazars told the company that “the statements of financial condition for Donald J.

The AG’s office, which got a hold of the letter, filed it in court to bolster its case that Trump, Ivanka Trump, and Don Jr. should be forced to testify about how so many family real estate development projects and properties had wildly fluctuating values that seemed high whenever they needed loans but low whenever it came time to pay taxes.

In the firm's Feb. 9 letter, Mazars general counsel William J. Kelly described how accountants had not yet been able to finish preparing the tax paperwork for the former president and first lady, Melania, because they hadn't answered questions about Calamari Jr.'s fringe benefits.

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