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Business microlearning from Japan’s No1 MBA


Accrual Basis Accounting

00h 06m (1 section)
Accounting and Finance

Course Description

Companies that operate daily are constantly generating sales and expenses.

But, when does a sale go on the books? At what point do you record expenses?

To provide consistent and accurate accounting of these sales and expenses, companies need to adhere to some basic accounting principles.

Accrual basis accounting is one such set of principles for when to appropriately recognize sales and expenses. Take this course to find out how to record these items accurately in your company’s financial statements!

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