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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Note 1 – Accounting Policies
21 Oct 2021
RBA Annual Report
– 2021
Reserve Bank of Australia Annual Report – 2021 Financial Statements Note 1 – Accounting Policies. ... leave accrual and superannuation contributions to the extent that any leave is assumed to be taken during service.
https://www.rba.gov.au/publications/annual-reports/rba/2021/financial-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
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
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
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
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 14 – Superannuation Funds
12 Apr 2020
RBA Annual Report
– 2020
Defined benefit accrual for current members ceased on 30 June 2018. ... Accounting valuation. For financial statement purposes, disclosures required by AASB 119 are provided only for RB Super, as the UK Pension Scheme is not material.
https://www.rba.gov.au/publications/annual-reports/rba/2020/financial-statements/note-14.html
Note 1 – Accounting Policies
17 Oct 2019
RBA Annual Report
– 2019
Reserve Bank of Australia Annual Report – 2019 Financial Statements Note 1 – Accounting Policies. ... These financial statements for the year ended 30 June 2019 are a general purpose financial report prepared under Australian Accounting Standards (AAS
https://www.rba.gov.au/publications/annual-reports/rba/2019/financial-statements/note-1.html
Note 14 – Superannuation Funds
17 Oct 2019
RBA Annual Report
– 2019
Defined benefit accrual for current members ceased on 30 June 2018. ... The balancing payment is expected to be made in 2019/20. Accounting valuation.
https://www.rba.gov.au/publications/annual-reports/rba/2019/financial-statements/note-14.html
Retail Payments Regulation and Policy Issues
17 Oct 2019
PSB Annual Report
– 2019
The standards were varied to require the use of an accrual accounting approach in determining net compensation.
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html