Encyclopedia > Accrual basis accounting

Article Content

Accrual basis accounting

Accrual basis accounting records the financial effects of transactions and other events and circumstances that have cash consequences in the periods in which those transactions, events and circumstances occur, regardless of the timing of related cash flows.

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

Sanskrit language

... consolidation and modification. In its older Vedic form, it is a close descendant of Proto-Indo-European, the root of all later Indo-European languages. Vedic Sanskrit is ...