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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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4 November 2014 | Minutes of the Monetary Policy Meeting of the Board

18 Nov 2014 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 November 2014
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2014/04112014.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

4 September 2018 | Minutes of the Monetary Policy Meeting of the Board

18 Sep 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 September 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-09-04.html

Economic Outlook

6 Aug 2021 SMP – August 2021
However, household consumption is forecast to contract in the September quarter, accounting for most of the quarterly decline in GDP.
https://www.rba.gov.au/publications/smp/2021/aug/economic-outlook.html

Introduction

10 Nov 2006 SMP – November 2006
Japan has long been Australia's most important export destination, accounting for 18 per cent of total goods and services export values in 2005 (Table A1).
https://www.rba.gov.au/publications/smp/2006/nov/box-a.html

2 October 2012 | Minutes of the Monetary Policy Meeting of the Board

16 Oct 2012 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 October 2012
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2012/02102012.html

Box A: Insights from Liaison

4 Nov 2022 SMP – November 2022
Some of the positions noted to be difficult to fill were those in information technology, human resources, accounting, construction-related trades and in the rural sector.
https://www.rba.gov.au/publications/smp/2022/nov/box-a-insights-from-liaison.html

Box B: The Domestic Credit-wrapped Bond Market

10 Aug 2008 SMP – August 2008
There are currently around $27 billion credit-wrapped bonds outstanding in Australia, accounting for 7 per cent of the domestic non-government bond market (Graph B1).
https://www.rba.gov.au/publications/smp/2008/aug/box-b.html

Box F: Growth in the Factors of Production

10 Nov 2009 SMP – November 2009
Capital services are estimated to represent around 40 per cent of total factor inputs into GDP, with labour accounting for around 60 per cent.
https://www.rba.gov.au/publications/smp/2009/nov/box-f.html

Box C: Resource Exports in 2011

10 May 2012 SMP – May 2012
Iron ore is Australia's most significant export, accounting for around 20 per cent of total export values in 2011.
https://www.rba.gov.au/publications/smp/2012/may/box-c.html