Home - Banking - Banking Terms - What is Accrual Basis ?
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

What is Accrual Basis ?

A method of accounting that recognizes revenues and expenses as they accrue, even though cash would not have been received or paid during the accrual period.

Get Daily Updates On Banking, Enter your email address:

For the latest Banking updates, follow AskBankings on Twitter, Facebook, and subscribe to our YouTube channel

Do You Want To Say Something :