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Why is accrual accounting better than cash?

Why is accrual accounting better than cash?

By: Elisha Schwab
Published on: 28/07/2024

Discover why accrual accounting is superior to cash accounting in our latest blog post. Learn how accrual accounting provides more accurate and timely financial information, enhances decision-making, and boosts investor confidence.

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What's an accrual in accounting

What's an accrual in accounting

By: Elisha Schwab
Published on: 28/07/2024

Accrual accounting is like using a credit card – you recognize revenues and expenses when they occur, not when cash changes hands. This method provides a more accurate financial picture by recording transactions in the period they happen.

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