Accrual

In finance, an accrual (accumulation) of something is the adding together of interest or different investments over a period of time. The term may also refer to forward provision made at the end of a financial period for work which has been done but not yet invoiced for.

Part of a series on
Accounting
Major types
Key concepts
Selected accounts
Accounting standards
Financial statements
Bookkeeping
Auditing
People and organizations
Development
Misconduct
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.