"Accrual basis" in economics and finance

334 views Jan 28, 2024

Hello everyone! Today, we're going to discuss a fundamental concept in economics and finance - the accrual basis. It serves as the foundation for financial reporting and analysis, ensuring accuracy and transparency in business transactions. So, what exactly does accrual basis mean?

#Accounting & Auditing
#Billing & Invoicing
#Bookkeeping
#Business Finance
#Economics
#Financial Planning & Management