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Mr. Hunt believes that he is the president of the United States and that he will soon become the "King of the Universe." Mr. Hunt is most clearly suffering from
Refinancing
The process of replacing an existing loan with a new loan that usually has better terms, such as a lower interest rate.
FASB
Financial Accounting Standards Board, an organization responsible for setting accounting and financial reporting standards in the United States.
IFRS
International Financial Reporting Standards, a set of accounting standards that provide guidelines for financial reporting, aiming to make company accounts understandable and comparable across international boundaries.
GAAP
In any particular legal area, the Generally Accepted Accounting Principles are the recognized standard of guidelines for conducting financial accounting.
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