Cash Versus Accrual Accounting

CPE Credit: 2 hours
 

Program Description:

This course is designed to introduce participants to the basic concepts of Cash versus accrual accounting and when each type of accounting can or must be used. We will review the two different accounting methods and consider the different accounting principles that need to be applied. Examples of transactions will be reviewed and discussed.

• Cash Accounting
• Accrual Accounting
• Accounting Transactions

Learning Objectives:

After attending this webinar, you should be able to:

· Distinguish between accrual-basis accounting and cash-basis accounting

· Identify the revenue recognition principle

· Identify the matching principle