Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Taxes

Accrual basis (accrual method)

. In finance, there is a method of accounting called accrual basis. It involves recording income and expenses in taxable income or expense when they are earned or incurred, rather than when they are received or paid. This allows for a more accurate representation of a company's financial status, as it reflects the timing of when the transactions actually occur. This is in contrast to cash basis accounting, which only records income and expenses when cash is received or paid. By using the accrual basis method, businesses can better track their financial performance and make more informed decisions.
Explore other categories
All terms related to the system of money in general use in a particular country, representing a medi
Learn More
All terms and concepts related to insurance, which is a financial arrangement that provides protecti
Learn More
Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various
Learn More
All terminologies and concepts related to financial derivatives, including options and futures contr
Learn More
All terms related to investments like bonds or treasury bills that provide regular, fixed payments,
Learn More
IPO
All terms and concepts related to the process in which a private company offers its shares to the pu
Learn More
Terms related to decisions and events initiated by a company that can impact its stock, such as divi
Learn More
All terms and concepts related to the precious metal gold, including its price, trading, investment,
Learn More
All terms and concepts related to the use, features, and management of payment cards allowing users
Learn More
The "Property" category in finance encompasses all aspects related to real estate and tangible asset
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link