Cash Basis VS. Accrual Basis – The Epic Battle?

Accrual Basis and Cash Basis

The accrual basis can be compared and contrasted to a cash basis, the cash basis being a simplified method, one which does not provide information as useful, as relevant, or as accurate as an accrual method. What We Need to Know About Cash Basis Cash basis┬áRecords revenue when cash is received and expenses when cash… Continue reading Cash Basis VS. Accrual Basis – The Epic Battle?