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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RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...
18 Dec 1997
Media Release
PDF
268KB
50,000. 60,000. $A million $A million. Daily settlements exceed $A500m. The USD is by far the major currency traded in the Australian market, accounting for$A60 billion in foreign exchange ... The AUD ranked second, accounting for one quarter of total
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf
The designated EFTPOS system
26 Apr 2006
Media Release
PDF
658KB
Payment Systems (Regulation) Act 1998
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-02-eftpos-interchange.pdf
Access Regime for the EFTPOS System - April 2006
26 Apr 2006
Media Release
PDF
42KB
Reform of the EFTPOS and Visa Debit Systems in Australia
https://www.rba.gov.au/media-releases/2006/pdf/eftpos-access-regime.pdf
Variation of Interchange Standard as it applies to the MasterCard and Visa systems
26 Apr 2006
Media Release
PDF
92KB
Payment Systems (Regulation) Act 1998
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-02-creditcard-std.pdf
EFTPOS Benchmark Calculation
12 Dec 2009
Media Release
PDF
10KB
Reform of the EFTPOS System
https://www.rba.gov.au/media-releases/2006/pdf/mr-06-06-eftpos-benchmark-calc.pdf
Payment Systems (Regulation) Act 1998, Draft Standard for the designated EFTPOS payment system
20 Dec 2005
Media Release
PDF
185KB
Reform of EFTPOS System in Australia
https://www.rba.gov.au/media-releases/2005/pdf/mr-05-16-gazette-notice-eftpos-std.pdf
Payment Systems (Regulation) Act 1998, The designated credit card systems (Bankcard, MasterCard and VISA)
24 Nov 2005
Media Release
PDF
199KB
Reform of Credit Card Schemes in Australia: Credit Card Interchange Fees
https://www.rba.gov.au/media-releases/2005/pdf/mr-05-13-gazette-notice-ccc-std.pdf
2019 BIS Triennial Survey Results ' Australia
17 Sep 2019
Media Releases
AUD/USD remains the most traded currency pair in the Australian market, accounting for 44 per cent of total foreign exchange turnover in April 2019. ... Turnover in USD/CNY in Australia has continued to increase, albeit from a low base, with the pair
https://www.rba.gov.au/media-releases/2019/mr-19-25-tables.html
Chronology
6 Dec 2018
Media Release
PDF
782KB
He had entered a plea of guilty on a false accounting charge in relation to the false description of a commission payment to Securency’s Malaysian sales agent. ... He was sentenced to:. 6 months’ imprisonment wholly suspended for a false
https://www.rba.gov.au/media-releases/2018/pdf/mr-18-29-chronology.pdf
December: 1997-Settlement Practices in the Australian Foreign Exchange Market
9 Mar 2023
Media Release
When measured in terms of value, USD and AUD settlements dominated, accounting for roughly three quarters of all foreign exchange activity in Australia. ... The AUD ranked second, accounting for one quarter of total foreign exchange payments, or
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-practices-aus-fx-market.html