You don't have all the relevant invoices etc at on time. Some of that takes quite awhile. Especially inter country purchases and sale transaction information.
You don't have all the relevant invoices etc at on time. Some of that takes quite awhile. Especially inter country purchases and sale transaction information.
This doesn’t get better when you have a quarterly or semiannual deadline. It’s just the scale might be smaller. However you would handle them in the same way and either disclose on an accrual basis or on a cash basis, but either way, you do it as you know it.