In the context of accounting, practice in which expenses and income are accounted for as they are earned or incurred, whether or not they have been received or paid. Antithesis of cash basis accounting.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). accrual basis. Retrieved September 30, 2026, from http://smartdefine.org/accrual_basis/definitions/1147057 |
| Chicago | Barry Goldsmith. 2010. "accrual basis" http://smartdefine.org/accrual_basis/definitions/1147057 (accessed September 30, 2026). |
| Harvard | Barry Goldsmith 2010, accrual basis, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/accrual_basis/definitions/1147057>. |
| MLA | Barry Goldsmith. "accrual basis" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/accrual_basis/definitions/1147057> |