Converting cash to accrual is an accounting method that records items based on when they were bought, not when they should be realized. Find out how to use accrual accounting to keep tabs on company expenses with tips from a certified public account in this free video on accounting.
Expert: Shanis Windland
Bio: Shanis Windland has a Bachelors of Science degree in accounting from Central Washington University. She is a certified public accountant licensed in the state of Washington.
Filmmaker: Jay Windland
a tad brief
are there more?
Commonsense11111 1 year ago
@MisterKwakkles
yeap correction of an error since its not GAAP
bobbydoedoe 1 year ago
correction of an error
kegggggggg 2 years ago
Wow, I lost you and not because you are not right. Much on the contrary I'ts so damn hard to understand and make a decision
nyguy 3 years ago
Pop Quiz - For corporations, is changing from cash basis to accrual basis a (1) correction of an error OR (2) change in accounting principle?
MisterKwakkles 3 years ago