Examples of 'full accrual' in a sentence
Meaning of "full accrual"
full accrual: this phrase is a financial accounting concept referring to the accounting method that records revenue and expenses when they are incurred, regardless of when cash transactions occur
How to use "full accrual" in a sentence
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full accrual
This method is referred to as full accrual accounting.
Adopting full accrual accounting will affect both statements.
Departments budget on a full accrual basis.
Full accrual basis.
Transactions are recorded on a full accrual basis when goods or services are received.
Full accrual accounting also depreciates the asset over its life.
These consolidated financial statements are prepared on a full accrual basis of accounting.
Moving to full accrual accounting extends the accrual approach to three new areas.
The major change for departments is the adoption of full accrual accounting.
The aim is to introduce full accrual accounting for the budget accounts as well.
The statement reports the expenses which have been recognized on full accrual basis.
O Implementation of full accrual accounting.
FIS will change the basis of accounting from modified accrual to full accrual.
O We use full accrual accounting for the Public Accounts of Canada.
The major change for departments will be the adoption of full accrual accounting.
See also
Under full accrual accounting, a capital asset is recorded as an asset.
The Secretariat recognized that under the full accrual basis of.
Full accrual accounting capacity and respect for international accrual accounting standards;.
A model of Appropriations has been developed based on full accrual accounting principles.
In the long run, under full accrual accounting, the single account is the usual model.
Applying IPSAS requires the introduction of the full accrual basis of accounting.
O Full accrual accounting recognizes the depreciation of the Government 's physical assets.
Applying IPSAS has required the introduction of the full accrual basis of accounting.
Full accrual accounting capacity;.
National and international accounting standards bodies and the Auditor General strongly support full accrual accounting.
Key terminology required to understand full accrual accounting as applied to real property includes,.
The United Kingdom has indicated its intention to adopt full accrual accounting.
The elements recognized under full accrual accounting are assets, liabilities, net assets / equity, revenue and expenses.
IPSAS standards will require United Nations accounting to change from modified accrual to full accrual.
O converted to a system of full accrual accounting ;.
Full accrual accounting will have to be operational for 2005, as required by the Financial Regulation.
Modified, because it lacks certain features of full accrual accounting.
For facilitating smooth transition to full accrual accounting, IPSAS 17 provides for these transitional provisions.
Previous years ' results will also be restated on a full accrual basis.
O Under full accrual accounting,.
O the impact of the implementation of full accrual accounting ; and.
Name / Type / full accrual period in years.
In addition, the budget itself is also now produced on a full accrual basis of accounting.
UNFPA adopted the full accrual basis of accounting and IPSAS standards as of 1 January 2012.
In addition, the financial results of previous years have been restated on a full accrual basis.
Best accounting practices prescribe the use of full accrual accounting for post-retirement benefits.
Best accounting practices require that post-retirement benefits be accounted for on a full accrual basis.
However, the transition from modified cash / accrual accounting to full accrual accounting has significant non-finance implications.
O Appropriations, estimates, budgets and financial reports are all on the same full accrual basis.
With respect to real property, full accrual accounting requires,.
Volume I, the consolidated financial statements of Canada, would be on a full accrual basis.
In 2003, the Government adopted full accrual accounting as its accounting standard.
The RPP, as the departmental plan, would contain information on a full accrual basis.
UNOPS therefore intends to make full accrual for ASHI liabilities by the end of 2009.
Implementation of the Financial Information Strategy ( FIS ), including full accrual accounting.
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