Notes on the Institute of Refractories Engineers Draft Accounts

摘要

Our accounts for March to December 2013 have 2 points that are significantly different to previous years these are: 1) Following last year's change of financial year The obvious thing is that this set of accounts only covers 9 months and therefore does not include some one off items 2) The accounts include the branch accounts in previous years we have only included the branch assets With the accounts only covering 9 months we do not include the invoices raised in Jan for subs and the Journal buyers guide, these are treated in different ways. Subs are added into the accounts monthly by the accountants, because in the past there were what we call virtual members or non-paying members which have now been identified, but the accountants still work same way.