Trump fraud trial live updates: Don Jr. takes the stand at Manhattan courthouse

Flanked by attorneys Alina Habba, left, and Chris Kiss, Donald Trump Jr. waits to testify Wednesday in New York Supreme Court.Donald Trump Jr. is expected to be asked about his involvement in financial statements that the New York attorney general alleges were grossly inflated.

Trump Jr. also said he was not familiar ASC -- accounting standards codification -- and whether it applied to the statements of financial condition he signed off on at the company. The judge then asked him if he had any understanding of it."I have no understanding," he said with a laugh.The AG's financial expert has finished testifying, and the attorney general's office has called Donald Trump Jr. to the witness stand.

He has had McCarty admit that he neither reviewed the deposition testimony nor consulted with various lenders or Trump Organization employees or execs in the course of his expert engagement. The thrust of McCarty’s testimony seems to follow a footnote in Judge Engoron’s summary judgment decision last month. Whether a judge’s conclusions are an appropriate foundation for an expert witness’s views is another story, however.

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