When Are Expenses and Revenues Counted in Accrual Accounting?

Take an in-depth look at the treatment of revenues and expenses within the accrual method of accounting and learn why many ...
Entrepreneur

What Is the Difference Between the Revenue Recognition Principle and the Expense Matching Principle?

What Is the Difference Between the Revenue Recognition Principle and the Expense Matching Principle? Understand the uses of these two core principles. The revenue recognition principle is a ...
Houston Chronicle

Benefits of Accounting Principles

Any small business that publishes financial statements must prepare those statements in accordance with generally accepted accounting principles, or GAAP. GAAP includes accounting principles and ...