Accruals concept: Difference between revisions
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* [[Accounting]] | * [[Accounting]] | ||
* [[Accounting concepts]] | * [[Accounting concepts]] | ||
* [[Accrual]] | |||
* [[Accruals accounting]] | * [[Accruals accounting]] | ||
* [[Accruals basis]] | |||
* [[Consistency]] | * [[Consistency]] | ||
* [[Disaggregation]] | * [[Disaggregation]] | ||
* [[Financial reporting]] | |||
* [[Financial statements]] | |||
* [[Going concern]] | * [[Going concern]] | ||
* [[Income statement]] | * [[Income statement]] | ||
Revision as of 10:08, 16 September 2020
Financial reporting - accounting concepts.
The principle that:
- Revenues, profits and
- The associated costs incurred while earning them
should be included in the same period's profit or loss account or income statement.
Also known as Matching.
