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Look up: accrual-basis

  1. accrual basis
    [n] - a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
    Found on http://www.webdictionary.co.uk/definitio

  2. accrual basis
    noun a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
    Found on http://wordnet.princeton.edu/perl/webwn?

  3. Accrual basis
    In the context of accounting, practice in which expenses and income are accounted for as they are earned or incurred, whether or not they have been received or paid. Antithesis of cash basis accounting.
    Found on http://www.duke.edu/~charvey/Classes/wpg

  4. Accrual Basis
    - Method of ACCOUNTING that recognizes REVENUE when earned, rather than when collected. Expenses are recognized when incurred rather than when paid.
    Found on http://www.nysscpa.org/prof_library/guid

  5. Accrual basis
    Accounting method in which income and expenses are accounted for as they are earned or incurred, although they may not have been received or paid yet. The alternative is cash-basis accounting, in which revenues and expenses are recognized only when cash is received or paid. Accrual-basis accounting is useful for painting a long-term portrait of a c...
    Found on http://www.smartmoney.com/university/glo

  6. accrual basis
    The accrual basis of accounting for revenue in each financial period means that income is recognized when it is due and not when it is received. Accrual of expenditure in each financial period means that costs are recognized when obligations arise or liabilities are incurred and not when payments are made.…
    Found on http://www.oenb.at/dictionary/termini.js

  7. accrual basis
    The basis of accounting under which transactions are recognized when they occur, regardless of the timing of related cash flows.…
    Found on http://www.oenb.at/dictionary/termini.js

  8. accruals basis
    Bei dem accrual principle wird der Periodenerfolg nicht durch die Gegenüberstellung von Zahlungen, sondern von periodisierten Erträgen und Aufwendungen ermittelt. Das accrual principle untergliedert sich in das realization principle, welches den Zeitpunkt regelt, zu dem ein Ertrag in der Gewinn- und Verlustrechnung (income statement) zu erfassen is…
    Found on http://www.oenb.at/dictionary/termini.js


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22 November 2009

This day in history:
On Friday, November 22, 1963, President John F. Kennedy was shot as he rode in a motorcade through the streets of Dallas, Texas. At his death, the 35th president was 46 years old and had served less than three years in office. Despite this intimate experience of events surrounding the death of John F. Kennedy, the nation failed to achieve closure. Oswald never confessed, and the facts of the case remain mysterious. The Warren Commission's conclusion Oswald acted alone failed to satisfy the public. In 1976, the House of Representatives' Select Committee on Assassinations reopened investigation of the murder. The Committee reported that Lee Harvey Oswald probably was part of a conspiracy that may have involved organized crime. read more

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