AJX 0.00% 1.3¢ alexium international group limited

Re "...given the receipt of revenue was delayed (despite costs...

  1. 98 Posts.
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    Re "...given the receipt of revenue was delayed (despite costs being incurred)".

    Perhaps this has been raised elsewhere but why is there a discrepancy between the way that costs are reported, which seems to be according to accrual accounting, and the way that receipts are - which seem to be recognised only when money actually changes hands?
 
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