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When you book accruals?

Publication date: 2013-03-10 20:45:48

Accruals are liabilities the due date or the amount of which are more certain than for provisions,
Established in the amount of (i) probable liabilities due in the current period, (ii) resulting from services performed by counterparties or an obligation to perform future services for employees, based on the current operations,
the amount of the liability can be reliably estimated (iii).

Find out more:
http://24ivalue.com/pages/elearning/book/1/page/12/

Regards,
Slawomir Ekman
24iValue

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