IGR 0.00% 50.0¢ integra mining limited

not odd ?, page-9

  1. 1,268 Posts.
    That's alright FW, easy enough mistake.

    Like all, I would like some clarity on these new costs and accounting. Sometimes companies write down, or depreciate, or whatever, to bring forward things and make the future much brighter etc. Or vice a versa. Sometimes it involves real money, sometimes not. With accountants you never know.

    I ran my wife's business for a couple of years before we sold it. Every year I would sit down with the accountant and be told we would depreciate this, defer that, write down this etc. Most of it was Greek to me. Thoroughly confused, I would make my Grexit for the nearest pub and seek another type of clarity, spending the money he saved me.

    But regardless, I would love a clear explanation for all the changes and shifts, whether we are talking real money or accounting money.
 
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