Accrual Method – A technique of audit that no matter when settlements are gathered or made, they still acknowledge revenue when made, as well as expenses when sustained. This adheres to the matching principle of bookkeeping.
« Back to Glossary IndexAccrual Method – A technique of audit that no matter when settlements are gathered or made, they still acknowledge revenue when made, as well as expenses when sustained. This adheres to the matching principle of bookkeeping.
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