Accrual accounting in the public sector
id:
accrual-accounting-in-the-public-sector-229-1300013
title:
Accrual accounting in the public sector
text:
Accrual accounting in the public sector is a method to present financial information on government operations. Under accrual accounting, income and expenditure transactions are recognized when they occur, regardless of when the associated cash payments are made. The difference between public sector accrual accounting and cash accounting is most apparent in the treatment of capital assets. Under accrual accounting, expenditure on capital is added as an asset in the government's balance sheet in t
brand slug:
wiki
category slug:
encyclopedia
description:
Method to record government financial activities
original url:
https://en.wikipedia.org/wiki/Accrual_accounting_in_the_public_sector
date created:
2023-04-15T20:19:19Z
date modified:
2024-09-15T12:11:36Z
main entity:
{"identifier":"Q118906339","url":"https://www.wikidata.org/entity/Q118906339"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/c/cd/Government-Vedder-Highsmith-detail-1.jpeg","width":3696,"height":2343}
fields total:
13
integrity:
16