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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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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

Note 14 – Superannuation Funds

21 Oct 2021 RBA Annual Report – 2021
Defined benefit accrual for current members ceased on 30 June 2018. From that date, current and new staff have been offered defined contribution arrangements in a separate fund. ... Accounting valuation. For financial statement purposes, disclosures
https://www.rba.gov.au/publications/annual-reports/rba/2021/financial-statements/note-14.html

Reserve Bank of Australia Annual Report 2021

18 Oct 2021 RBA Annual Report 2021 PDF 205KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/our-people.pdf

Retail Payments Regulation and Policy Issues

15 Oct 2020 PSB Annual Report – 2020
require the use of accrual accounting in determining net compensation. clarify the definitions of various elements of net compensation, and.
https://www.rba.gov.au/publications/annual-reports/psb/2020/retail-payments-regulation-and-policy-issues.html

Reserve Bank of Australia Annual Report 2020 - Our People

14 Oct 2020 Annual Report PDF 1761KB
The ‘Base Salary’ column is prepared on an accrual basis and includes gross salary earned while working plus annual leave accrued. ... Notes1. The ‘Base Salary’ column is prepared on an accrual basis and includes gross salary earned while working
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/our-people.pdf

Payments System Board Annual Report 2020

14 Oct 2020 PSB Annual Report 2020 PDF 7381KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/2020-psb-annual-report.pdf

Reserve Bank of Australia Annual Report 2020 - Financial Statements

14 Oct 2020 Annual Report PDF 773KB
The RBA has adopted accounting standard AASB 16 using the modified retrospective approach with effect from 1 July 2019. ... The figures are disclosed on an accruals basis and show the full cost to the consolidated entity; they include all leave and
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/financial-statements.pdf

Payments System Board Annual Report 2020 - Retail Payments Regulation and Policy Issues

14 Oct 2020 PSB Annual Report 2020 PDF 729KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/retail-payments-regulation-and-policy-issues.pdf

PSB Board Annual Report 2019

20 May 2020 Annual Report PDF 3893KB
https://www.rba.gov.au/publications/annual-reports/psb/2019/pdf/2019-psb-annual-report.pdf

Note 1 – Accounting Policies

12 Apr 2020 RBA Annual Report – 2020
Reserve Bank of Australia Annual Report – 2020 Financial Statements Note 1 – Accounting Policies. ... The RBA has adopted accounting standard AASB 16 using the modified retrospective approach with effect from 1 July 2019.
https://www.rba.gov.au/publications/annual-reports/rba/2020/financial-statements/note-1.html