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clock Created with Sketch. 01/05/18
12:15
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Originally posted by bannercannon
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Firstly, I am a chartered accountant with several listed clients. I known exactly what a 4c is as I have prepared them in the past so quite frankly NO - you are wrong.
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“It is a cash flow report not a report of revenue. I stated before on this site that revenue cannot be recorded for statutory financial statements purposes until the risks and rewards of ownership have transferred which is the shipping date.“
(20min delay)