Meanings of accrual accounting in English

Private sector experience, in former Soviet countries, of changing to accrual accounting was administratively traumatic.

The Department has already moved to an accrual accounting system, instead of the traditional cash based format.

Though cash has not changed hands, companies book such transactions as part of earnings under accrual accounting rules.

Many advanced economies follow accrual accounting, in which payments are recorded as they occur regardless of whether cash has actually changed hands.