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Phrases you'd like to see removed from CDC and/or TSN 1040


Bob Long

Phrases you'd like to see removed from CDC and/or TSN 1040  

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49 minutes ago, Shift-4 said:

asset management

 

From an accountant's point of view the term is just wrong. Players aren't assets, they are contractors.

they provide future economic benefit so....

 

they most certainly arent contractors... do you even know the employee vs contractor test?

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7 minutes ago, cdubuya said:

they provide future economic benefit so....

 

they most certainly arent contractors... do you even know the employee vs contractor test?

They sign contracts. They can technically walk any time they want.

Contractors where I work definitely provide future economic benefit.

 

And where do they sit on the balance sheet? :lol: 

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1 minute ago, Shift-4 said:

They sign contracts. They can technically walk any time they want.

Contractors where I work definitely provide future economic benefit.

any employee can walk whenever they want, and sign contracts...

 

contractors pick and choose who they work for... NHL players can't do that until they are very senior

 

If you want to get literal, your example is incorrect.

 

besides, the term asset management doesn't use the word in the accounting sense anyway... the word asset has more than one meaning

 

noun
1.
a useful and desirable thing or quality:
Organizational ability is an asset.

 

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