accrual
英 [??kru??l] 美 [??kru??l]
释义：n. 应计，应计制度；收益
例句：Accrual is a method of accounting for business transactions.
应计是用于商业交易的会计方法。
英语范文：
Accomplices in the Accrual of Benefits
Accomplices in the Accrual of Benefits is a story about a group of friends who are accused of embezzlement and other financial crimes. They are accused of stealing from their company by using their positions to take advantage of the accrual system.
The accrual system is a method of accounting that measures the value of goods and services received by a company over time. It is used to calculate the amount of money that should be paid to employees for their work, and it is also used to track the value of goods and services that have been received by a company but not yet invoiced.
In this story, the friends are accused of using the accrual system to their advantage, taking advantage of the system to steal from their company. They were accused of being greedy and dishonest, and they were sentenced to long prison terms.
This story teaches us that we should be honest and ethical in our work, and we should not take advantage of others or steal from our company. We should always remember that honesty and integrity are the keys to success in any career.
Accrual: The Basics
Accrual is a fundamental concept in accounting that refers to the recognition of income and expenses based on their expected cash flows rather than their actual receipt or payment. It is commonly used in financial reporting to ensure accurate and reliable financial statements.
In the context of business operations, accruals are the income and expenses that arise as a result of a company's activities. These include sales, expenses related to production, salaries paid to employees, and taxes owed. Accruals are recorded in the financial statements of a company, and their accuracy is crucial for ensuring the reliability of financial information.
Here's an example of how accruals work in practice: A company sells goods to a customer for $100. Based on past trends and expectations, it is likely that the customer will pay the invoice in full within a reasonable timeframe. In this case, the sale would be recorded as revenue on the company's financial statements, even though the cash has not yet been received by the company.
Accruals are essential for understanding a company's financial performance and assessing its cash-flow position. They also provide valuable insights into a company's operations and financial health, enabling decision-makers to make informed decisions about investing, financing, and operating strategies.
In conclusion, accruals are an integral part of financial reporting and provide valuable insights into a company's operations and financial performance. Understanding accruals and their implications is crucial for effective decision-making and ensuring the reliability of financial information.
accrual
Accrual is a fundamental concept in accounting. It refers to the recognition of revenue and expenses based on when they are earned or incurred, rather than when they are paid or received. In a business setting, accrual accounting helps to ensure that revenues and expenses are correctly recorded and reported, providing a more accurate reflection of a company's financial position.
For example, when a company sells goods to a customer, the revenue is recognized when the goods are shipped, not when the payment is received. Similarly, expenses are recorded when they are incurred, rather than when they are paid. Accrual accounting also takes into account certain liabilities, such as unpaid taxes or employee wages, ensuring that these obligations are correctly reflected in the financial statements.
In practice, accrual accounting involves a complex set of rules and regulations that must be followed by businesses to ensure compliance with financial reporting standards. These standards are designed to provide transparency and fairness to investors, creditors, and other stakeholders in the financial markets.
In conclusion, accrual accounting is a crucial component of financial reporting that ensures accurate and reliable information about a company's financial position. By following the correct procedures and guidelines, businesses can provide a more comprehensive and reliable picture of their performance to key stakeholders.
Accompanying this essay is an English essay on the topic of "The importance of accrual accounting" written in English. It provides additional context and explanation for the topic discussed above:
The importance of accrual accounting
Accrual accounting is an essential component of financial reporting that provides a comprehensive and reliable picture of a company's financial performance. It ensures that revenues and expenses are correctly recorded and reported, providing a more accurate reflection of a company's financial position. This accuracy is crucial for businesses to make informed decisions about their operations and future growth.
In addition to providing accurate financial information, accrual accounting also plays a key role in ensuring fairness and transparency in the financial markets. By following the correct procedures and guidelines, businesses can provide a more comprehensive and reliable picture of their performance to key stakeholders, including investors, creditors, and other business partners. This transparency creates trust and confidence in the financial markets, which is essential for the success of businesses and the overall economy.
Finally, accrual accounting plays a crucial role in ensuring compliance with financial reporting standards. These standards are designed to provide transparency and fairness to investors, creditors, and other stakeholders in the financial markets, and businesses must follow them to ensure compliance. Accurate and reliable financial information is essential for maintaining trust and confidence in the financial system, which is crucial for maintaining economic stability and growth.
