Meaning ACCRUAL BASIS: In the context of accounting, practice in which expenses and income are accounted for as if they are earned or incurred, whether or not they have been received or paid. Antithesis of cash basis accounting
More terms such as Accrual basis in Dictionary A.
- Definition Angels:
- Examples Individuals providing venture capital accrual basis definition.
- Definition Average Accounting Return:
- Examples The average project earnings after taxes and depreciation divided by the average book value of the investment during its life accrual basis explain.
- Definition Automatic Funds Transfer:
- Examples A transfer of funds from one account or investment vehicle to another using electronic or telecommunications technology accrual basis what is.
- Definition Arithmetic Mean Return:
- Examples An average of the subperiod returns, calculated by summing the subperiod returns and dividing by the number of subperiods accrual basis meaning.
- Definition Assumed Interest Rate:
- Examples Rate of interest used by an insurance company to calculate the payout on an annuity contract accrual basis abbreviation.
