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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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Statement on Monetary Policy

10 Aug 2004 Bulletin – August 2004
Bulletin – August 2004 Statement on Monetary Policy. Download the complete Statement 773. KB. Economic developments over recent months point to continued good growth of the Australian economy. The global upswing has maintained its momentum since
https://www.rba.gov.au/publications/bulletin/2004/aug/1.html

Accounting Policies | Financial Statements | Reserve Bank of Australia Annual Report - 1984

30 Jun 1984 Annual Report
Except where otherwise stated, the statements are prepared on the historical cost basis of accounting. ... A number of changes in accounting practices have operated from 1 July 1983 directed at bringing all realised gains and losses into the profit and
https://www.rba.gov.au/publications/annual-reports/rba/1984/fin-statements/note-1.html

Our People

21 Oct 2021 RBA Annual Report – 2021
The distribution of remuneration paid to Reserve Bank executives and other senior employees on an accrual basis is set out in the tables below. ... Notes. 1. The ‘Base salary’ column is prepared on an accrual basis and includes gross salary earned
https://www.rba.gov.au/publications/annual-reports/rba/2021/our-people.html

Statement on Monetary Policy

10 Aug 2003 Bulletin – August 2003
Both imports and exports of information technology and communications (ITC) equipment have grown strongly over recent years, with China now accounting for a larger proportion of world ITC equipment exports than ... Overall, Australia has maintained its
https://www.rba.gov.au/publications/bulletin/2003/aug/1.html

Our People

12 Apr 2020 RBA Annual Report – 2020
equivalent). Notes. The ‘Base Salary’ column is prepared on an accrual basis and includes gross salary earned while working plus annual leave accrued. ... Notes. The ‘Base Salary’ column is prepared on an accrual basis and includes gross salary
https://www.rba.gov.au/publications/annual-reports/rba/2020/our-people.html

Note 1 | Financial Statements

8 Sep 2005 RBA Annual Report – 2005
Reserve Bank of Australia and Controlled Entities. Note 1 SUMMARY OF ACCOUNTING POLICIES. ... and UK Pension Scheme; the counterpart to this asset is a new accounting reserve.
https://www.rba.gov.au/publications/annual-reports/rba/2005/fin-statements/note-1.html

Accounting Policies | Financial Statements | Reserve Bank of Australia Annual Report - 1983

30 Jun 1983 Annual Report
Note 1 Accounting policies. The financial statements have been based on the forms prescribed by the Reserve Bank regulations, supplemented by additional information including notes which form part of those statements. ... Except where otherwise stated,
https://www.rba.gov.au/publications/annual-reports/rba/1983/fin-statements/note-1.html

Note 1 | Financial Statements

31 Aug 2007 RBA Annual Report – 2007
Reserve Bank of Australia and Controlled Entities. Note 1 SUMMARY OF ACCOUNTING POLICIES. ... Elections as to the accounting treatment under AIFRS made by the Bank are noted appropriately.
https://www.rba.gov.au/publications/annual-reports/rba/2007/fin-statements/note-1.html

Statement on Monetary Policy

10 Aug 2002 Bulletin – August 2002
While all this was taking place, there was growing concern over the quality of corporate governance and accounting in the US. ... Equity market weakness, the reassessment of the strength of the US economy, fears of terrorism, and concerns over corporate
https://www.rba.gov.au/publications/bulletin/2002/aug/1.html

Note 1 | Financial Statements

28 Aug 2006 RBA Annual Report – 2006
Reserve Bank of Australia and Controlled Entities. Note 1 SUMMARY OF ACCOUNTING POLICIES. ... accounting profits in 2004/05 were $13 million higher than under previous standards; and.
https://www.rba.gov.au/publications/annual-reports/rba/2006/fin-statements/note-1.html