accrual accounting

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14:59 Jan 5, 2010
English to Norwegian translations [PRO]
Bus/Financial - Accounting
Additional field(s): Business/Commerce (general), Economics, Finance (general)
English term or phrase: accrual accounting
Definition from InfoUSA - U.S. Department of State:
A system of accounting in which revenues are recorded when earned and outlays are recorded when goods are received or services performed, even though the actual receipt of revenues and payment for goods or services may occur, in whole or in part, at a different time.

Example sentence(s):
  • Accrual accounting is considered to be the standard accounting practice for most companies, with the exception of very small operations. Investopedia ULC
  • Accrual accounting matches revenues with expenses for a particular period and this is the basis of the matching principle. Accrual accounting demands that expenses be matched with the revenue that was generated from those expenses. Money Instructor
  • Like cash-basis accounting, accrual accounting has its drawbacks. It does a good job of matching revenues and expenses, but it does a poor job of tracking cash. Wiley Publishing, Inc.
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Summary of translations provided
4regnskapsføring iht. anordningsprinsippet
Bjørnar Magnussen


  

Translations offered


17 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
regnskapsføring iht. anordningsprinsippet


Definition from regjeringen:
Anordningsprinsippet: At en utgift eller inntekt som hovedregel skal registreres i årsregnskapet når den oppstår, selv om ut- eller innbetalingen først skjer på et senere tidspunkt.

Example sentence(s):
  • Anordningsprinsippet er kommunenes periodiseringsprinsipp, og er styrende for når kommunene skal regnskapsføre i bevilgningsregnskapet - tmforsk  
  • Universitetet i Bergen har endret regnskapsprinsipp fra kontantregnskap til anordningsprinsippet. - uib  
Bjørnar Magnussen
Local time: 07:15
Native speaker of: Native in NorwegianNorwegian
PRO pts in category: 56
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