SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
Sep. 30, 2018
Summary Of Significant Accounting Policies
Basis of Presentation	The Company’s condensed consolidated interim financial statements included herein are prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. These consolidated financial statements include the financial statements of its wholly owned subsidiaries, Gain First Group Corporation, Banny Cosmic (HK) Ltd., and Shenzhen Qianhai Volcanic Lava Cross-border Trading Co. Ltd. All inter-company balances and transactions have been eliminated. There have been no changes in accounting policies from those disclosed in the notes to the audited financial statement for the year ended June 30, 2018.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

3 Months Ended

Sep. 30, 2018

Summary Of Significant Accounting Policies

The Company’s condensed consolidated interim financial statements included herein are prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. These consolidated financial statements include the financial statements of its wholly owned subsidiaries, Gain First Group Corporation, Banny Cosmic (HK) Ltd., and Shenzhen Qianhai Volcanic Lava Cross-border Trading Co. Ltd. All inter-company balances and transactions have been eliminated.

There have been no changes in accounting policies from those disclosed in the notes to the audited financial statement for the year ended June 30, 2018.

Banny Cosmic International Holdings, Inc 10-Q