While cash accounting is a simpler way to keep finances recorded in the books, accrual accounting allows companies to recognize revenue and expenses as they are incurred.

National Treasury notes that there is no implementation date for the adoption of accrual accounting by national and ...

The accrual accounting method is more useful when a person or company is trying to understand the performance of a business over a specified time period.

BlackRock TCP Capital Corp's merger with BCIC has not delivered expected synergies, with shares down double-digits. Read why ...

The accounting method your business uses to report income for tax purposes, either cash or accrual, can significantly impact your tax bill. While the cash method can offer tax-saving opportunities ...

Description: There are two basic type of accounting methodologies – one is cash accounting and the other is accrual accounting. Both systems have their own benefits. Cash accounting is beneficial for ...