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  • noun

Synonyms for accrual

the act of accumulating

References in periodicals archive ?
On August 5, 2005, the company announced that it had identified accounting errors relating to inventory costing and accrual accounting at one of the company's Plastic Packaging locations and to the accounting for certain long-term incentive compensation.
The taxpayer must file a single Form 3115 for changes to the treatment of advance payments and to the overall accrual accounting method.
34, the advantage of modified-accrual accounting is that it leads to more transparent financial information in annual reports than is typically the case with reports based on accrual accounting.
The preceding example illustrates why federal agencies have moved to accrual accounting.
Critics argue that in this instance, accrual accounting actually provides a murkier picture than cash accounting, since it allows income to be reported several years before it's received.
If these businesses must convert to accrual accounting, it will surely be a big issue for them.
Under accrual accounting, benefits would be counted when they are earned by workers rather than when they are paid out.
Accrual accounting was developed to provide a better matching of revenues and expenses and, therefore, a better gauge of period-specific profitability.
95 (SFAS 95) in the prediction of bankruptcy, and whether cash flow data provide a superior prediction of business failure over the models employing conventional accrual accounting data.
Since the basic requirements of accrual accounting under the all-events test were clearly met in Fidelity, the Tax Court was faced with the question whether the IRS should be permitted to override the test in order to clearly reflect income.
Under accrual accounting, liabilities are reported as they are accumulated, rather than when they are paid off.
Overview of Accrual Accounting and Budgeting Practices in Individual Countries
In addition, IR is also conducting a pilot study on introduction of Accrual Accounting at Ajmer Division and Ajmer group of Workshops with the assistance of the Accounting Research Foundation of the Institute of Chartered Accountants of India.
The IRS has a long-standing bias toward accrual accounting, and until 2002, required all businesses with revenues in excess of $5,000,000 to use it.
His Excellency Sami Al Qamzi, Director General of the Department of Finance, said, "DoF is currently implementing a range of major financial management reforms in the Dubai Government - developing fiscal strategy for Dubai, adopting program-based performance budgeting, and transitioning to accrual accounting across government entities.