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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Cash Use in Australia: New Survey Evidence
10 Sep 2011
Bulletin
– September 2011
Consistent with the 2007 study, cash is the most frequently used payment method by consumers, accounting for 62 per cent of payments. ... Graph 1. Cash makes up a larger share of payments that are made in person, accounting for 68 per cent overall
https://www.rba.gov.au/publications/bulletin/2011/sep/7.html
Inflation
5 Aug 2022
SMP
– August 2022
Graph 4.11. Rents – accounting for around 6 per cent of the CPI basket – increased by 0.7 per cent in the June quarter.
https://www.rba.gov.au/publications/smp/2022/aug/inflation.html
The Cash Market
15 Dec 2016
Bulletin
– December 2016
The cash market is the market for unsecured, overnight loans between banks. The weighted average of interest rates on these loans is the cash rate, the Reserve Bank's operational target for monetary policy and an important financial benchmark. Over
https://www.rba.gov.au/publications/bulletin/2016/dec/4.html
Recent Trends in Australian Banks' Bond Issuance
10 Mar 2010
Bulletin
– March 2010
The banks have issued guaranteed bonds both in the domestic and offshore markets, with Australian dollar and US dollar bonds accounting for the bulk of these, though other currencies have included ... Graph 6. Bonds are an important source of funding for
https://www.rba.gov.au/publications/bulletin/2010/mar/5.html
Statement on Monetary Policy
10 Feb 2002
Bulletin
– February 2002
There has also been a lot of questioning of the adequacy of accounting and corporate governance arrangements. ... Historically the focus was on ‘as reported’ earnings, which includes all receipts less expenses, as defined by generally accepted
https://www.rba.gov.au/publications/bulletin/2002/feb/1.html
Box A: Thermal Coal Prices
10 Feb 2013
SMP
– February 2013
Thermal coal is Australia's third largest commodity export by value, accounting for around 6 per cent of total export income in 2011/12. ... Globally, most thermal coal is used in the country where it is produced, with traded thermal coal accounting for
https://www.rba.gov.au/publications/smp/2013/feb/box-a.html
Consumer Payment Behaviour in Australia
15 Jun 2023
Bulletin
– June 2023
The results of the Reserve Bank’s 2022 Consumer Payments Survey show that consumers continue to shift from using cash to electronic payment methods – a trend that was accelerated by the COVID-19 pandemic and consumers’ preference towards using
https://www.rba.gov.au/publications/bulletin/2023/jun/consumer-payment-behaviour-in-australia.html
Financial Conditions
7 May 2024
SMP
– May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html
Economic Conditions
7 May 2024
SMP
– May 2024
Economic Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/economic-conditions.html
Some Features of the Australian Payments System
10 Dec 1998
Bulletin
– December 1998
The United States is an outlier where cheques are especially important, accounting for almost 80 per cent of the volume of non-cash payments. ... Most of the rest are direct credit transfers, with direct debit accounting for only a very small proportion.
https://www.rba.gov.au/publications/bulletin/1998/dec/1.html