[GNC] The two modules

DaveC49 davidcousens at bigpond.com
Thu Jun 28 19:21:57 EDT 2018


John,

Just to clarify. While I have accounting qualifications, I am not a
practising accountant and my judgement is primarily an opinion based on my
formal studies and my accounting experience in a small business in my
particular country. We all need to keep in mind that accounting, while
adhering to broad general principles, is also subject to local legislation
and different tax laws which varies considerably and even cultural
practices. Some processes may not always be treated the same way and there
may not always be one unique way to approach representing particular
transactions. Fortunately the move towards consistent international
standards has gathered considerable momentum making the task easier in the
longer term. 

I'm happy i did describe the Placeholder operation correctly. My early
training as a physicist in working out what is in black boxes still comes in
handy.

David Cousens



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David Cousens
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