Artwork for podcast Accounting Recounted
How to Choose: Cash Basis vs. Accrual Basis Accounting
Episode 712th October 2023 • Accounting Recounted • Accountable Processes, Inc. DBA Accountable Numbers
00:00:00 00:10:09

Share Episode


Today we're exploring the choice between cash basis and accrual basis accounting. We’ll talk about the differences between the two methods, how you choose between the two, and what the legal requirements are for each method. This is a decision that can significantly impact your financial reporting and tax obligations, so it’s important to understand each method, to make sure you are making the best choice for your business.





More from YouTube