Cash V Accrual Methods

A comparison between cash and accrual accounting methods, highlighting advantages and applications.

Olivia Smith

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CASH V ACCRUAL METHODSName:Title:Cash V Accrualmethods of Accounting

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INTRODUCTION:Generally, it is our clients who decideon the kind of accounting methods that they wantto be usedto handle their accounts.Over the last twenty years this tendency has been marked.Businesses remainin operation for three years and then they are bankrupt.What leadsto the demise of these businesses is the accounting criteria that are being applied forthe various businesses firms.

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