Accrual basis is a method of accounting ("accrual accounting") whereby economic activities (rather than cash flow) of financial events are considered, because of two complementary principles, which (together) determine the point, at which expenses and revenues are recognized.
They both determine the point, at which expenses and revenues are recognized. Accrual basis is a method of accounting ("accrual accounting") whereby economic activities (rather than cash flow) of financial events are considered on two complementary principles.
Accrual basis is a method of accounting ("accrual accounting") whereby economic activities (rather than cash flow) of financial events are considered on two complementary principles. They both determine the point, at which expenses and revenues are recognized.
Accrual basis is a method of accounting ("accrual accounting") whereby economic activities (rather than cash flow) of financial events are considered on two complementary principles. They both determine the point, at which expenses and revenues are recognized.