Investopedia / Sydney Saporito An accrual is a way of recognizing revenues or expenses that have been earned or incurred but not yet paid. Accruals reflect money earned or owed that hasn't changed ...

Accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged. The term "accrual" refers to any individual entry recording revenue or expense in ...

Accrual accounting is another term for the matching principle. This requires that companies match revenues with the expenses incurred to generate them. Accrual accounting highlights the fact that ...