accruals basis

The costs are charged on an accruals basis similar to that used for pensions.

They are accounted for on the accruals basis.

The Pru's 'transparent' financial reporting has been dominating the headlines recently since it restated its 1991 life and pensions accounts under the accruals basis.

Leicestershire is the only county to account for its distributions from the TCCB on a cash as opposed to an accruals basis.

Where the entitlement to dividends in respect of non-equity shares is calculated by reference to time, the dividends should be accounted for on an accruals basis.

The deficit is presented on a cash rather than an accruals basis, although the accrual basis may provide more information on the longer-term implications of the government's annual operations.

Secondly, Newco should be entitled to a deduction of the discount, as a charge on income, on an accruals basis, ie year on year, in advance of the discount actually being paid.

While the 'full accruals basis', is undoubtedly prudent, we believe there is more commercial logic in accounting for such costs on an 'earnings' basis, which better reflects both the legal form and the substance of the transaction'.

Where the Case VI charge relates to casual annual income, it is usually taxed on a cash basis, though usually the HM Revenue and Customs will accept an accruals basis.

Under Australian Taxation Office rules, businesses who account for GST on an accruals basis are entitled to claim an Input Tax Credit for all of the GST contained in the purchase price of the goods on their next Business Activity Statement.