DRAGONFLY GLOBAL PRODUCTIONS, LTD.
------------------DRAGONFLY GLOBAL PRODUCTIONS, LTD WAS DISBANDED ON JANUARY 3,2014----------------
---FINANCIAL REPORT FOR THE YEAR ENDING DECEMBER 31, 2013---
THE YEARLY REPORT HAS BEEN CHANGED DUE TO THE COMPLETE ACCEPTANCE BY THE MEMBERS OF THE NEW "ROLLING BUDGET" ACCOUNTING SYSTEM IMPLEMENTED BY THE MANAGING DIRECTOR DURING THE FISCAL YEAR 2003, 10 YEARS AGO.
THE MANAGING DIRECTOR IS VERY THANKFUL
FOR THE COMPLETE ACCEPTANCE BY EACH MEMBER OF THE NEW ACCOUNTABILITY SYSTEM USED SINCE 2003.
THE FACT THAT EACH MEMBER IS IN FULL ACCORDANCE WITH THE MANAGING DIRECTOR'S NEW AND INNOVATIVE SYSTEM OF FINANCIAL ACCOUNTABILITY KNOWN AS "ROLLING BUDGETS", THERE IS TOTAL AGREEMENT THAT THIS SYSTEM SHOULD REMAIN AND REPLACE THE NEED OF ANY QUARTERLY REPORTS OR A YEARLY REPORT TO KEEP MEMBERS UPDATED.
EACH MEMBER HAS RESOUNDINGLY AGREED THAT THIS SYSTEM IS IN FULL ACCORDANCE WITH THE WISHES OF SIR DAVID TWEEDIE, CHAIRMAN OF THE INTERNATIONAL ACCOUNTING STANDARDS BOARD (IASB).
Charles B. Dwyer
Managing Director (Resigned January 3, 2014)
UPDATED: September 27, 2014