True and fair

You can't blame the accountants for tearing their hair out in the coming months or, maybe year or two. Like genuine real economy investors, accountants are completely averse to volatile market conditions and uncertainty.

The phrase true and fair governs the accounting fraternity's evaluation of the assets of corporations. If prices of assets keep changing without rational rhyme or reason, accountants have a heavy responsibility to shoulder.

I would imagine that financial reports will carry very detailed exclusion clauses to cover all possible imponderables and acts of any conceivable nature very soon, if not already in place.