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-   -   What is the difference between accruals and deferrals? (https://www.askmehelpdesk.com/showthread.php?t=685534)

  • Jul 21, 2012, 07:49 PM
    problemos
    What is the difference between accruals and deferrals?
    Definition please.
  • Jul 22, 2012, 12:04 AM
    paraclete
    An accrual refers to expenses not yet paid which are brought to account at balance date.

    A deferral refers to expenditure which has been delayed to a subsequent period. It may give rise to an accrual or it may not depending upon the contractural obligations

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