Category: Banking

Cash Accounting: What is it?

1,357 ViewsCash accounting is recording accounting based on cash flows. In concrete terms, this simply amounts to noting all the inflows and outflows from your bank account at the time… Read more »

Accrual accounting and cash accounting

593 ViewsAccrual accounting and cash accounting are two distinct methods that accountants use to prepare financial statements . Both methods comply with NIIF (International Financial Reporting Standards) . The main… Read more »