Search: accrual accounting
RBA Glossary definition for accrual accounting
accrual accounting – Revenues and expenses are recorded as they are earned or incurred , regardless of whether cash has been received or disbursed. For example, sales on credit would be recognised as revenue, even though the debt may not be settled for some time.
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11 Feb 2020
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and fraud protection, links to accounting or banking systems and access to multiple payment systems. ... These offers are supported by many information technologies, financial analysis and accounting, anti-money laundering and cybercrime prevention, and
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/anz.DOCX