Salt Creek, South Australia were sent out with 500 feet of boring rods and the oily substance which he had described as scum upon the surface of the water was traceable in various parts of the creek. Extensive claims were taken out and a company was formed to work a substance known as mineral caoutchouc and Mr Eustace R. Mitford was dispatched there. Boundaries for the locality were created on 24 August 2000 for the " long established name" which is ultimately derived from a stream that flows through the locality on its way to the Coorong. In 1892, a group of entrepreneurs, who
Substance over form Substance over form Substance over form is an accounting principle used "to ensure that financial statements give a complete, relevant, and accurate picture of transactions and events". If an entity practices the 'substance over form' concept, then the financial statements will show the overall financial reality of the entity (economic substance), rather than the legal form of transactions (form). In accounting for business transactions and other events, the measurement and reporting is for the economic impact of an event, instead of its legal form. Substance over form is critical for reliable financial reporting. It is particularly relevant in cases of