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Updated 4 months ago

Source data for conversion factors

At a glance

The community member notes that the data used for conversion factors in the Sumday intro course comes from multiple sources, including overseas and older data. They wonder if anyone has received "push back" from assurance practitioners or others about using data that may not be directly relevant to an Australian entity (e.g. using European data). There are no comments provided, so the summary is based solely on the post content.

When I did the Sumday intro course, I noted that data used for conversion factors comes from multiple different sources. Some comes from overseas, some is a few years old. This is not a criticism – it just depends on whats available. However Im just wondering if anyone has ever had any “push back” from assurance practitioners (or anyone else) about where they got their data from (e.g. “you’ve used data from Europe – this is not relevant for an Australian entity.”)

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