In accrual accounting, expenses are recognised when they are incurred, so I suppose its possible that costs of services sold may be recognised in FY17 results when the revenue those expenses are from haven't been.
- Forums
- ASX - By Stock
- News: BIG Big Un says FY revenue from ordinary activities $14 million
In accrual accounting, expenses are recognised when they are...
-
-
- There are more pages in this discussion • 276 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)