CRA Controlled Subject Vocabulary (CRACSV)
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- méthode de comptabilité d'exercise
- Broader Term
- accounting methods
- Related Term
- cash method
- deferred charges
- fiscal periods
- prepaid expenses
- Scope Note
- With this method, income is reported in the fiscal period
it is earned, regardless of when it is received. The
expenses are also deducted in the fiscal period they are
incurred, whether they are paid or not. This method is
generally used by businesses or professionals.