Difference between revisions of "Accruals concept"

From ACT Wiki
Jump to: navigation, search
(Layout.)
(Add links.)
 
Line 1: Line 1:
''Accounting''
+
''Accounting''.
  
 
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.
 
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.
Line 7: Line 7:
  
 
== See also ==
 
== See also ==
 +
* [[Accounting]]
 
* [[Accounting concepts]]
 
* [[Accounting concepts]]
 +
* [[Accruals accounting]]
 
* [[Consistency]]
 
* [[Consistency]]
 
* [[Disaggregation]]
 
* [[Disaggregation]]

Latest revision as of 05:32, 28 November 2019

Accounting.

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.


See also