Thanks for the reply. Not sure I will take what you say as gospel though.
These doubtful debts have been accumulated over years so you are incorrectly putting the whole doubtful debts in history on the one financial year. I won't look into your other points but the government grant of 500K or so has been accounted differently this year.
Doubtful debts, which increased from $42,807 to $230,755 following review of aged receivables (discussed further under the heading ‘Statement of financial position’ following).
Please correct your figures as i have clearly proven doubtful debt is not 29% of receivables for this financial year as you stated.
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- Ann: Update on 2017 Financial Results
Ann: Update on 2017 Financial Results, page-11
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