2. Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies)
|12 Months Ended|
Sep. 30, 2016
|Fair Value of Financial Instruments||
Fair Value of Financial Instruments
The Company measures the fair values of its assets and liabilities using the US GAAP hierarchy. The carrying amounts reported in the consolidated balance sheets for cash, accounts receivable, accounts payable, and accrued liabilities approximate fair values due to the short-term nature of these financial instruments. Derivative financial instruments are recorded at fair value based on current market pricing models. The carrying amounts reported for notes payable approximate fair values because the underlying instruments are at interest rates which approximate current market rates.
Disclosure of accounting policy for determining the fair value of financial instruments.
Reference 1: http://www.xbrl.org/2003/role/presentationRef