What can you do when you talk around in circles with someone for an hour (at seven cents a minute) and he comes to a decision you think is a mistake? Not morally wrong, just a course of action that won't bring the desired result. You can't argue with him because he's your boss (and also because you're not really sure of what you think you know).
The other problem is that he's not sure either, and there's only one day to make a decision. He doesn't know what he's doing any more than I do, and he's trying to do some tricky accounting that will put the company in the best possible position with the IRS (who will tax us if we make too much money) and the bonding company (who won't let us bid new work if we don't make enough money).
This is having your slice and eating it, too. We're pretty low on the food chain to be trying to keep up with the oil barons and their crooked accountants. There's nobody to take the fall for us if we don't follow the rules. Without access to the boys who write the book, we're pretty much stuck with going by it.
The Boss and I have this discussion at the end of every December. It's a big old mess, and my only choice is to do things his way. Even so, it'll be my fault if it all goes wrong once our accountant (who as far as we know isn't under indictment) gets his hands on the books. Is it any wonder I just want to pull the covers over my head?