There are many industries where companies provide goods or services but aren’t immediately paid for them. From an accrual basis accounting standpoint, these represent accrued revenue for the company.

Many investors get intimidated by accounting concepts, but it's important to understand how a company brings in revenue, and how much of that money makes it to the bottom line in the form of ...

The revenue recognition principle is the fundamental basis for the theory of accrual accounting. This principle states that “revenue is recognized when it’s earned, not when it’s received.” This is a ...

Accrual accounting allows businesses to record relevant revenues and expenses during the periods (days, weeks, months, fiscal quarters, etc.) they occurred, even if these transactions were ...

Accrued revenues are either income or assets that have not yet been received. A company may provide services or deliver goods on credit rather than requiring a cash payment upfront.

2. Revenue Accrual. Revenue earned in the prior fiscal year but recorded after the August close is subject to accrual in the prior fiscal year. Examples include goods or services provided to external ...

Syncordia Technologies and Healthcare Solutions Corp., a revenue cycle management company based in Toronto, Canada, unveiled a new software as a solutions offering. Here are four things to know. 1 ...

Revenue from exchange transactions occurs when each party receives and gives up essentially equal values (GASB 33, ¶1). These revenues should be recorded when the goods and/or services have been ...

Saga Communications' Q3-22 earnings were disappointing due to a one-time accrual. Revenue growth was 6.1% year over year when backing out political contributions, a good sign of strength in the ...