What does everyone think.....think we'll be asked prepare a F/S based on Cash of Mod Cash? Or think we will simply need to know the broad concepts of them and differences from US GAAP?
BEC 78
REG 84
AUD 76
FAR 11/23
REG 84
AUD 76
FAR 11/23

What does everyone think.....think we'll be asked prepare a F/S based on Cash of Mod Cash? Or think we will simply need to know the broad concepts of them and differences from US GAAP?
I don't think they would go beyond asking for a calculation based upon tax or cash basis if they ask anything at all.
More than likely the difference between Accrual and Cash income with some changes in A/R and A/P
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