Announcement of Resignation of SCA
Accounting Director
an editorial
by
James Mayfield, CPA
&
Former SCA Vice President
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"Nevada Know How"
Announcement of Resignation of SCA
Accounting Director
an editorial
by
James Mayfield, CPA
&
Former SCA Vice President
Click Here for Full Information
I have always found Mr. Mayfield so intuitive on the lunacy that comes with a functioning board. He has invariably proved his intuition and shown us he was correct. It's time to "seriously" vet these positions to reduce the problems we seem to face, and sadly we consistently do.
ReplyDeleteThank you Mr. Mayfield.
From Linda Baum to Anthem Opinions
ReplyDeleteWhat is the status of the COO’s contract with SCA? Is it coming up for review?
Linda,
ReplyDeleteFrom past records, the Seddon 3 year contract comes due in May, 2022. I believe the current Board is fully aware of this and her past performance is being highly studied and evaluated.
If you have comments or suggestions, I would suggest you contact the Board with your comments.
September 8, 2021
ReplyDeleteI am writing to express my thoughts regarding the “article” posted by J. Mayfield. First, I would like to suggest to the “Host” of Anthem Today and Anthem Opinion, that these sites are for information expressed in a cordial manner. These are not places for hostile presentations. My view is that J. Mayfield’s presentation is in fact hostile and has little substance.
Before I begin, I want to make it clear, in my opinion J. Mayfield has no credibility and lacks the character to present these facts in an objective manner. I suggest this for the following reason, a while back J. Mayfield approached “Dick” to publish his article I believe on the restaurant, though the topic isn’t relevant. “Dick” indicated he would not publish the article for his reason alone.
Thereafter, J. Mayfield presented it to the Berman Blog, it was published there, and with it was a declaration by Berman that unlike “Dick” he never refuses to publish articles even if he disagrees with them and so on. “Dick” and J. Mayfield and I knew that was not true. In fact, J. Mayfield told “Dick” that Berman has refused to publish several articles in the past. “Dick” implored J. Mayfield to set the record straight, he refused. There is more of this situation, and it doesn’t get any better for Berman or J. Mayfield. I will leave it there for now.
I will try to be brief regarding this inane article presented by J. Mayfield. I will not address the misspellings or grammatical errors, yet this article has little merit. Interestingly, I presume J. Mayfield is writing this as his opinion and thoughts. To further describe his article, I simply use his own words that better fit his nonsense. For reasons unknown he wrote this article without facts and knowledge other than speculation. His article is presented with a “pejorative tone, inaccurate information and shallow analysis”.
A Rumor Mill is simply unverified information, absolutely nothing wrong with stating a fact. For several days I had heard rumors, (these were not alleged rumors) that is simply what people do.
The arrogance of J. Mayfield to suggest what are COO and the Board should do as to the “process” is laughable. This following sentence he wrote just confounds, “The purposes of this article are to scrutinize the deficiencies of the second communication and the attitude toward SCA homeowners………”
Abrupt departures by the recent resignations of Finance management; Of course, J. Mayfield has no knowledge of the circumstances regarding the resignations. The prior so-called CFO was incompetent and no need to discuss his departure. Thereafter he suggests the recent departure of the Director of Accounting, who he indicates was a “Highly Qualified” Director of Accounting. What is the basis for this statement, again he has no knowledge of the circumstances? I currently operate 3 businesses and I have had many employees leave abruptly for many different reasons.
Final Part of Reponse.
ReplyDeleteFinally, J. Mayfield comments regarding an “Audit” and that it doesn’t reflect any financial health of a company, a few thoughts to consider.
1. Many investors will not invest in places like China because they cannot rely on the Audits of those companies to determine their financial health.
2. Many investors make investment decisions in USA based on the Audited Reports and managements thoughts about the future.
3. Auditors must disclose if there are any material asserted or unasserted claims and adjust accordingly. That none are present in SCA last Audit is positive.
4. Auditors must review subsequent events, that fall into the next year to determine there are no issues. That none were present in the last Audit is positive.
5. Auditors generally must disclose or resign if there is a “going concern” issue. This means if the entity in their opinion cannot survive in the next year or so. That this was not an issue in the last Audit is a positive.
6. There are many other examples of what an Audit reflects and tells you about an entity, for now I am bored and done.
I could address other aspects of his article, but frankly I have spent more time than it deserves.
If anyone wants more information as to my initial “story” or greater explanation as to Audits terms and related, I will be happy to provide via a private email.
I apologize to anyone who has expended the time to read the J. Mayfield article and this response. There are so many better and positive things to be doing.
Peter Brown, CPA
From Pat Slavick...to...Anthem Opinions
ReplyDeleteI APPLAUD JAMES, RANA, AND ALL THE CONTRIBUTORS TO THIS LATEST ARTICLE……EVERY WORD JUST ECHOES HOW VERY STRONGLY I FEEL ABOUT THE COMMUNITY’S LEADERSHIP, I.E. THE LACK OF TRANSPARENCY,THE “SECOND CLASS” ROLE RESIDENTS SEEMS TO OCCUPY IN TODAY’S ENVIRONMENT, BUT THE CROWNING BLOW WAS THE EDICT ABOUT LIBERTY CENTER HOURS ALLOCATED TO PRIVATE TRAINING .
I COULD NOT BELIEVE WHAT I WAS READING.
SO THANKS TO EACH OF YOU FOR DOING SUCH A GREAT JOB AND OVERVIEW.