Net operating ( cost ) / revenue, an accrual basis measurement, is calculated in the " Statements of Operations and Changes in Net Position " by comparing revenues with costs.
22.
Accrual basis is also appropriate for trust funds using interest and dividends from invested principle amounts to pay for supported programs, because the profitability of those investments would be important.
23.
According to the accrual basis of accounting, even though the computer has been purchased on credit, the computer is already the property of Quick Services and must be recognised as such.
24.
Government receipts and expenditures are normally presented on a cash rather than an accrual basis, although the accrual basis may provide more information on the longer-term implications of the government's annual operations.
25.
Government receipts and expenditures are normally presented on a cash rather than an accrual basis, although the accrual basis may provide more information on the longer-term implications of the government's annual operations.
26.
Some countries levy tax on an accruals basis, charging when income is earned; others use a cash basis, with tax payable when the income is received regardless of the period it relates to.
27.
Moreover, s413.24 which requires that a provider's cost data be based on the accrual basis of accounting does not mandate reimbursement according to GAAP, since GAAP is not the only form of accrual accounting.
28.
Moreover, s413 . 24 which requires that a provider's cost data be based on the accrual basis of accounting does not mandate reimbursement according to GAAP, since GAAP is not the only form of accrual accounting.
29.
The figures show the government had a net worth of NZ $ 1.8 billion in the six-month period, the first positive net worth since the government began reporting its financial position on an accrual basis in the 1994 budget.
30.
Meanwhile, in a related development, the World Bank at a recent meeting with Auditor General Nontaphon Nimsomboon asked government agencies to change their accounting practice from a cash basis to accrual basis, which will improve the efficiency of public spending.
