Having heard a few of his routines before, TS wasn’t surprised to see accounting’s version of Jack Dee take the mike for a debate on the global agenda for financial reporting and waste no time in using what he loves best to do what he most certainly loves a very close second-best, namely riling our cousins from across the Atlantic.
Faced with US claims that it had found the answer to accounting for goodwill – in writing it off over several years – Sir David pulled no punche,s referencing a great love of TS’s, a good Scotch.
‘Johnny Walker Black Label is actually older than the United States,’ said the dour and confrontational Scot. ‘And I would rather write off the US than Johnny Walker Black Label.’ Ouch.
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