BNET Business Dictionary
Business Definition for: Accrual
- a charge that has not been paid by the end of an accounting period but must be included in the accounting results for the period. If no invoice has been received for the charge, an estimate must be included in the accounting results.
Wiktionary Definition for: Accrual
- An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose
Additional Resources
- Earnings-Based and Accrual-Based Market Anomalies: One Effect or Two?
- This paper investigates whether the accrual pricing anomaly documented by Sloan (1996) for annual data holds for quarterly data and whether this form of market mispricing is distinct from the post-earnings announcement drift anomaly. We find that the market appears to overestimate underestimate the persistence of the accrual cash flow...
- White papers 1999-05-25
- WORLD BANK: World Bank places credits to Union of Myanmar in non-accrual status.
- M2 PRESSWIRE-7 September 1998-WORLD BANK: World Bank places credits to Union of Myanmar in non-accrual status C1994-98 M2 COMMUNICATIONS LTD RDATE:020998 Effective September 2, 1998, the World Bank has placed all credits to the Union of Myanmar in non-accrual status. ...
- Research articles 1998-09-07
- Accrual Budgeting - Lessons Learned From the Harmonised Accounting Model (HAM) in the Light of IPSAS
- In Switzerland the cantons and local governments have been using a modified accrual model that includes budgeting for almost 20 years. This so-called Harmonised Accounting Model HAM has recently been evaluated in the light of IPSAS by a research project of "Adminet" the National Network of Excellence in Public Management....
- White papers 2004-08-13
- The European Federation of Accountants is holding a joint conference with the European Commission on accrual accounting in the public sector.
- The European Federation of Accountants is holding a joint conference with the European Commission on accrual accounting in the public sector. The event aims to identify how member states are implementing ... The European Federation of Accountants is holding a joint conference with...
- Research articles 2006-09-01
- Teleport Communications Group Inc., TCG, Elects to Commence the Accrual of Cash Interest On Its 11 - 1/8% Senior Discount Notes
- DAYTON, N.J.--BUSINESS WIRE--May 28, 1998--Teleport Communications Group Inc. (Nasdaq/NM:TCGI) announced today its election to commence the accrual and payment of cash interest on TCG's 11-1/8% Senior Discount Notes due July 1, 2007 (CUSIP No. 879463-AC-1). The accrual of interest payments will begin on July 1, 1998 and cash interest will...
- Research articles 1998-05-28
- Dual formulas make a good mix. (benefit accrual formulas)(Spotlight Report: Pensions & Retirement Plans)
- Shell Oil Co.'s newly designed pension program may be the ultimate in giving employees choice and empowerment. Employees at the Houston-based petroleum giant can choose each year between two benefit accrual formulas within one pension plan. ...
- Research articles 1998-04-06
- Financial statements and the FASB retiree health proposal. (Financial Accounting Standards Board) (includes related article on accrual accounting impact)
- The Financial Accountng Standard Board's FASB proposed standards will require companies to use accrual accounting for retiree benefits and record liability for these benefits on their balance sheets. A field test study by Coopers & Lybrand using benThe Financial Accountng Standard Board's FASB proposed standards will require companies to use...
- Research articles 1989-01-01
- Cooper Industries Reassesses Year-End 2005 Accrual for Discontinued Operations; Company's Earnings Outlook for 2006 Remains Unchanged
- HOUSTON -- Cooper Industries, Ltd. (NYSE:CBE) today announced that it has reassessed its accrual for discontinued operations, and, as a result, for the year ended Dec. 31, 2005, the Company recorded an after-tax discontinued operations charge of $227.2 million, or $2.39 per diluted share. The Company concluded the additional charge...
- Research articles 2006-03-01
- Accrual, cruel world - tax rules
- Sometimes Congress seems to take a "heads you lose, tails I win" approach to the Tax Code. The accrual method of accounting allows much more of that, and in taking up future tax legislation, Congress may well consider requiring more businesses--even service-oriented partnerships, sole proprietorships, and S corporations--to use the...
- Research articles 1989-12-01
- Comments on economic performance and the accrual of state and local property taxes, February 27, 1990
- Comments on Economic Performance and the Accrual of State and Local Property Taxes On February 27, 1990, Tax Executives Institute filed comments with the Internal Revenue Service concerning forthcoming regulations under section 461h of the Internal Revenue Code. Section 461h, which was enacted in 1984, provides that a liability...
- Research articles 1990-03-01
- Cote d'Ivoire: World Bank places Cote d'Ivoire in non-accrual status.
- M2 PRESSWIRE-3 November 2004-WORLD BANK: Cote d'Ivoire: World Bank places Cote d'Ivoire in non-accrual statusC1994-2004 M2 COMMUNICATIONS LTD RDATE:11032004 Washington -- Effective November 2, 2004, the World Bank has placed all International Bank for Reconstruction and Development IBRD loans and...
- Research articles 2004-11-03
- Installment Method of Accrual Accounting
- CONGRESS IS FEVERISHLY WORKing to roll back, either partially or wholly, a corporate accounting change authorized in 1999. The change eliminated use of the installment method of recognizing income from the sale of assets for taxpayers using the accrual method of accounting. The change was made at the urging of...
- Research articles 2000-05-01
- Accrual budgeting and fiscal consolidation in the EMU
- F. JAVIER SALINAS (*) 1. INTRODUCTION The purpose of this article is to call attention to the important role that reforms in current national budgetary procedures play in ensuring that the fiscal consolidation undertaken in the EMU is a sustainable and credible process. Along this line, an argument...
- Research articles 2002-04-01
- Accrual Vs. Cash-Based Accounting
- When it comes to accounting methods for business, two types are generally used: accrual and cash-based. The type of business, style of incorporation or level of sales - and sometimes a combination of those factors - determines which method you use. Under the accrual method, revenues are recognized at the...
- White papers 2009-01-01
- The European Federation of Accountants is holding a joint conference with the European Commission on accrual accounting in the public sector
- The European Federation of Accountants is holding a joint conference with the European Commission on accrual accounting in the public sector. The event aims to identify how member states are implementing the technique and to discuss the issues arising.
- Research articles 2006-09-01
- Its reputation plunging, EU races to accrual standards
- BRUSSELS -- Upgrading the European Union's budgetary accounting systems to full accrual standards may not sound exciting--but it involves a race to head off attacks on the continent's political unification process following a series of financial scandals in the centrally run funding. The subject of a major upgrade,...
- Research articles 2004-06-07
- American Airlines and Mexicana begin codeshare flights; Customers to benefit from increased flight options; Frequent flyer agreement offers mileage accrual and redemption opportunities.
- M2 PRESSWIRE-13 May 2004-American Airlines: American Airlines and Mexicana begin codeshare flights; Customers to benefit from increased flight options; Frequent flyer agreement offers mileage accrual and redemption opportunitiesC1994-2004 M2 COMMUNICATIONS LTD RDATE:05122004 FORT WORTH, Texas: American Airlines and Mexicana de Aviacion...
- Research articles 2004-05-13
- Northwest promotion counts bonus frequent flier miles earned on partners toward elite status; Customers can earn a 200% bonus on partners and status accrual for first time in programs history.
- M2 PRESSWIRE-21 August 2001-NORTHWEST AIRLINES: Northwest promotion counts bonus frequent flier miles earned on partners toward elite status; Customers can earn a 200 bonus on partners and status accrual for first time in programs history C1994-2001 M2 COMMUNICATIONS LTD RDATE:21082001...
- Research articles 2001-08-21
- District court holds that tax accrual workpapers are privileged documents.
- A district court in the First Circuit held that a corporation did not have to turn over tax accrual workpapers to the IRS because the work-product privilege applied to the workpapers. The court also found that the attorney-client and tax-practitioner privileges could have applied to the...
- Research articles 2007-12-01
- The perfect storm gathers: recent announcements by the IRS coupled with the climate of increased law enforcement call into question continuing vitality of announcement 2002-63 regarding tax accrual workpapers
- Introduction Although the Internal Revenue Service has long since shifted from the friendly and service-oriented approach to a tough guy persona, (1) taxpayers have still taken some solace that they could generally enjoy protection of their tax accrual workpapers. (2) Internal Revenue Announcement 2002-63 stated generally that such papers...
- Research articles 2005-11-01
