Accrual basis of accounting : Accrual basis of accounting

Definition : Accrual basis of accounting

Record accounting transactions of the condominium syndicate when the revenue is earned and when the expense is incurred rather than when cash is received or disbursed.

15/07/2016

Cash or accrual basis of accounting?

The accounting of the co-ownership is managed by the members of the board of directors or the manager designated by the latter. It is necessary for them to understand the rules of accounting in order to ensure the effective management of the syndicate of co-owners on a daily basis and…...

Management

Definition : Accrual basis of accounting

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Cash or accrual basis of accounting?