Accrual Principle

Format:

Book

Author/Creator:

Subedi

Language:

English

Subjects (All):

Accrual basis accounting.

Financial statements.

Physical Description:

1 online resource

Place of Publication:

Sage Publications Inc

Summary:

This publication explores the accrual principle, a fundamental concept in accounting that ensures financial transactions are recorded in the period in which they occur, regardless of when cash is exchanged. The entry defines the accrual principle, discusses its applications, advantages, and criticisms, and gives examples of its impact on financial reporting. We also delve into the relationship between the accrual principle and various other concepts, including the matching principle, revenue recognition principle, economic reality principle, decision usefulness theory, agency theory, and positive accounting theory, emphasizing how these principles and theories work together to ensure accurate financial reporting

Notes:

Machine-generated record

ISBN:

9798348811662

OCLC:

1535815057