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accrual (basis) accounting N ACCOUNT

Specialized Vocabulary

accounting on an accrual basis N ACCOUNT

Specialized Vocabulary

ac·ˈcru·al ac·count N FIN

accrual account N ACCOUNT

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
By contrast, many businesses and some other national governments have adopted forms of accrual accounting, which recognizes obligations and revenues when they are incurred.
en.wikipedia.org
Deferrals are the result of cash flows occurring before they are allowed to be recognized under accrual accounting.
en.wikipedia.org
A road map has been prepared for transition from the cash to accrual accounting system and an operational framework for its implementation.
en.wikipedia.org
Accrual accounting records it in the books so you know to chase the client for the money.
www.smh.com.au
The possible transition towards accrual accounting has been planned incremental and in phases spanning from 1012 years.
en.wikipedia.org
This approach is called accrual accounting, meaning that obligations are recognized when they are acquired, or accrued, rather than when they are paid.
en.wikipedia.org
Due to the nature of double-entry accrual accounting, retained earnings do not represent surplus cash available to a company.
en.wikipedia.org
The adoption of accrual accounting by the public sector was listed as one of these policy measures.
en.wikipedia.org

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