Trump's accounting firm resigns, saying his financial disclosures should "no longer be relied upon"

Former President Trump's accounting firm cut ties with Trump last week, saying his financial disclosures from 2011-2020 can no longer be relied upon.

Former President Donald Trump's accounting firm, Mazars USA, cut ties with Trump last week, saying his financial disclosures from 2011-2020 can no longer be relied upon, according to a letter the firm sent to the Trump Organization.

The letter was included in a court document filed Monday by the New York Attorney General's office, which is conducting a civil investigation into the way the Trump Organization valued its real estate portfolio.

"We write to advise that the Statements of Financial Condition for Donald J. Trump for the years ending June 30, 2011 - June 30, 2020, should no longer be relied upon and you should inform any recipients thereof who are currently relying upon one or more of those documents that those documents should not be relied upon," the letter to Trump's namesake company said.

"We have come to this conclusion based, in part, upon the filings made by the New York Attorney General on January 18, 2022, our own investigation, and information received from internal and external sources," said the letter. "While we have not concluded that the various financial statements, as a whole, contain material discrepancies, based upon the totality of the circumstances, we believe our advice to you to no longer rely upon those financial statements is appropriate."