MRD 0.00% 0.1¢ mount ridley mines limited

Sorry thats rubbish I am an Auditor and a chartered Accountant....

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  1. 8,239 Posts.
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    Sorry

    thats rubbish

    I am an Auditor and a chartered Accountant.

    i can assure you that Auditors would look at all the supporting documentation of such a claim as it would most certainly be a material amount of a companys financials , especially a junior explorer.

    It is not just a line item, it could certainly have a massive effect on whether some companies will be able to maintain its ability to run as a "going concern"

    no auditor would sign off a set of accounts if they believed an R and D grant would not be received and the Companys directors did not remove it from the financials

    line item in the P and L . what an ignorant thing to say.

    go check with the Institite of Chartered Accountants or CPA's if you want
 
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