Examples of 'basis of accounting' in a sentence

Meaning of "basis of accounting"

Basis of accounting: fundamental principles and guidelines used in the preparation of financial statements for businesses

How to use "basis of accounting" in a sentence

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basis of accounting
These figures are reflected on an accrual basis of accounting.
Control basis of accounting earnings and other comprehensive income.
Any changes in the basis of accounting.
A basis of accounting is the time various financial transactions are recorded.
Financial statements are prepared on the accrual basis of accounting.
It is the fundamental basis of accounting for the registration of operations.
Expenditures are recorded using the accrual basis of accounting.
Accrual basis of accounting.
Financial reporting under the cash basis of accounting.
Cash basis of accounting.
It currently follows the modified accrual basis of accounting.
Law requires modified cash basis of accounting including accounts payable.
Interest expense on deposits is recorded on the accrual basis of accounting.
This is essentially the basis of accounting at the governmental level today.
It is largely presented on an accrual basis of accounting.

See also

Differentiate the cash basis of accounting from the accrual basis of accounting.
Most firms utilize a modified cash basis of accounting.
Basis of accounting Revenues and expenses are reported on the accrual basis of accounting.
Most companies use the accrual basis of accounting.
Basis of accounting The accompanying financial statements are prepared on the accrual basis of accounting.
Other comprehensive basis of accounting.
Basis differences are differences between the budgetary and the financial reporting basis of accounting.
A new rule was added on accrual basis of accounting and its permitted modification.
The accompanying financial statements are prepared on the accrual basis of accounting.
Interest on loans is recorded on the cash basis of accounting when repayments are received.
These consolidated financial statements are prepared on a full accrual basis of accounting.
More countries adopt IFRS as the basis of accounting for their listed.
This means that the financial statements are prepared on an accrual basis of accounting.
FIS will change the basis of accounting from modified accrual to full accrual.
The financial statements were prepared on the modified cash basis of accounting.
The basis of accounting for any transactions between reportable segments;.
Income and expenses are recorded using the accrual basis of accounting.
Partial Accrual Accounting, the basis of accounting used by departments today.
Revenues and expenditures must be recognized using the modified accrual basis of accounting.
Previous GAAP The basis of accounting that a first-time adopter used for its statutory.
Total claims paid are recorded using the cash basis of accounting.
Nevertheless, it is known, on the basis of accounting documents relating to one supplier,.
An enterprise should prepare its financial statements under the accrual basis of accounting.
Observe consistently the accrual basis of accounting for miscellaneous income ( para . 28 ) ;.
Interest income related to loans is accounted for using the accrual basis of accounting.
On the cash basis of accounting it looks like you just lost $200.
That practice is contrary to the principle of the accrual basis of accounting for expenditure.
Consequently, voluntary contributions to fund Special Programmes are recorded on the accrual basis of accounting.
This Decision is adopted on the basis of accounting information.
Revenue and expenditures Revenue and expenditures are recorded using the accrual basis of accounting.
UNFPA adopted the full accrual basis of accounting and IPSAS standards as of 1 January 2012.
These documents therefore corroborate what has been established on the basis of accounting data.
Sagard investment funds % economic interest basis of accounting method of accounting.
The amount of parliamentary appropriations used is reported on a near-cash accrual basis of accounting.
These financial statements are prepared on an accrual basis of accounting in accordance with IPSAS.

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