accruals and deferred income

См. также в других словарях:

• Deferred income — (also known as deferred revenue, unearned revenue, or unearned income) is, in accrual accounting, money received for goods or services which have not yet been delivered. According to the revenue recognition principle, it is recorded as a… …   Wikipedia

• deferred credit — deferred income; = deferred liability Income received or recorded before it is earned, under the accruals concept. The income will not be included in the profit and loss account of the period but will be carried forward on the balance sheet until …   Accounting dictionary

• deferred credit — deferred liability Income received or recorded before it is earned, under the accruals concept The income will not be included in the profit and loss account of the period but will be carried forward on the balance sheet until it is matched with… …   Big dictionary of business and management

• Creditor — Creditors redirects here. For the 1889 play by August Strindberg, see Creditors (play). A creditor is a party (e.g. person, organization, company, or government) that has a claim to the services of a second party. It is a person or institution to …   Wikipedia

• Deferral — For other uses, see Deferral (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management  …   Wikipedia

• Matching principle — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

• unearned revenue — Revenue not yet earned in a *financial reporting period, but for which cash has already been received. In line with the *accruals basis of accounting, unearned revenue is recorded in *current or *long term deferred revenue accounts (classified… …   Auditor's dictionary

• current liabilities — Amounts owed by a business to other organizations and individuals that should be paid within one year from the balance sheet date. These generally consist of trade creditors, bills of exchange payable, amounts owed to group and related companies …   Accounting dictionary

• current liabilities — Amounts owed by a business to other organizations and individuals that should be paid within one year from the balance sheet date. These generally consist of trade creditors, bills of exchange payable, amounts owed to group and related companies …   Big dictionary of business and management

• International Financial Reporting Standards — (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). IAS were issued between… …   Wikipedia

• originating timing difference — A difference between profits or losses computed for tax purposes on a receipts and payments basis and profits presented in the financial statements on an accruals basis. These differences arise as a result of items of income and expenditure in… …   Accounting dictionary