The Trump Organization's longtime controller testified that he overvalued Ivanka Trump's apartment in her father's statement of financial condition before correcting the mistake after it was flagged.

New York Attorney General Letitia James alleges that a penthouse apartment rented by Ivanka Trump was valued in Donald Trump's financial statement at $45 million in 2014 and 2015, despite the apartment's rental agreement including an option to purchase the apartment for $14 million.

From 2016 onward, the value of the penthouse in Trump's statements dropped back down the actual buyout price of $14 million, "per rental agreement."

Asked about the change during his testimony today, McConney acknowledged the correction, claiming he did not know about the provision in the rental agreement.

McConney said that once outside accountant Donald Bender of Mazars USA flagged the issue, he promptly made the change in Trump's financial statement.

McConney concluded his testimony for the day and is set to return to the witness stand Tuesday morning.

With an overwhelming number of entities to track in addition to numerous other responsibilities, the Trump Organization's longtime controller Jeffrey McConney said he relied on outside accountants to put together Trump's statements of financial condition.

While the statement took up a portion of his time between July and October each year, McConney testified that he otherwise spent "very little time" on the financial statements that underpin the attorney general's case.

The descriptions of each entity in the statements, and the disclaimers, largely remained the same year after year, according to McConney.

"A lot of this was Gerald Rosenblum's writing," he said about the section describing Trump Tower, referring to a former outside accountant.

"Whose words are those?" defense attorney Jesus Suarez said about a disclaimer that said that the value of "Donald J. Trump's worldwide reputation" was not considered in the statement.

"Mazars," McConney responded.

He added that Trump would make any change that Mazars recommended and largely followed the lead of then-Mazars accountant Donald Bender when modifying the statement.

"If [Bender] had items that he needed on the statement to change, we made the change," McConney said.

Longtime Trump Organization controller Jeffrey McConney, a defendant in the attorney general's case, denied withholding any documents from the company's outside accountants -- appearing to contradict testimony from Mazars USA accountant Donald Bender.

"We provided him everything he needed," McConney said, adding that Bender could request any document he wanted from the Trump Organization.

McConney, testifying for the defense, added that Bender also could directly communicate with individuals in the Trump Organization to directly ask questions during the process of organizing Trump's financial statements that are at the center of the case.

"Bender would come in and talk to anyone he wanted," McConney said.

When Bender testified last month during the state's case, he said that he directly asked McConney if the company had more appraisals, to which McConney responded, "That's all we have."

"They were not giving us all the documents that we needed, potentially, to compile the compilation," Bender testified.

Asked about the allegation on the witness stand, McConney denied he withheld anything from Bender.

"Did you ever hide anything from Donald Bender?" defense attorney Jesus Suarez asked.

"No," McConney responded.

Forty-five days after he began his testimony as the third witness in the state's case, former Trump Organization controller and co-defendant Jeffrey McConney has returned to the witness stand for the defense.

When he testified last month, McConney -- who was the primary person responsible for the valuations in Trump's statement of financial statements between 2011 and 2017 -- struggled to recall specific details about the preparation of the financial documents, though he acknowledged he took direction from Eric Trump about the value of a Westchester golf course.

This afternoon, after asking some preliminary questions about McConney's biography, defense attorney Jesus Suarez began asking McConney pointed questions about Mazars USA accountant Donald Bender, another witness in the state's case.

"Whatever he asked for, we would do," McConney said about Bender's role in the process of compiling Trump's financial statement.

Doug Larson's name appears across five years of Donald Trump's financial documents, according to records entered into evidence.

A longtime professional appraiser with the real estate firm Cushman & Wakefield, Larson was cited in Trump Organization documents as an expert at valuing properties like 40 Wall Street, Trump Tower, and an adjoining retail space called "Niketown." Spreadsheets entered as evidence explicitly reference multiple phone calls with Larson between 2013 and 2017.

When asked about these phone calls in court, Larson testified that no such conversations occurred.

"Is it fair to say that Mr. Trump valued Trump Tower at $526 million in conjunction with you?" state attorney Mark Ladov asked Larson.

"No, that is incorrect," Larson said.

"Were you aware that Mr. McConney was citing you as a valuation source in his work papers?" Ladov asked.

"No, I was not," replied Larson, who said he did not assist Trump Organization executives in valuing Trump Tower, Niketown, or 40 Wall Street, despite Trump's paperwork referencing him as a source.

Evidence presented by the state instead suggested that the valuations were determined using cherry-picked metrics from a generic email Larson sent clients.

"It's a way to get your name out to clients for potential work," Larson said about one such "email blast" that was used in a Trump Tower valuation.

Larson added that the valuations Trump Organization executives determined based on "consultation" with him used flawed methodologies, such as using capitalization rates related to office buildings to appraise the retail Niketown building.

"It doesn't make sense," Larson said about Niketown's $287 million valuation.

"It's inappropriate and inaccurate," Larson said about the Trump Organization relying on his name to support their valuations. "I should have been told, and appraisals should have been ordered."