会计专业外文翻译--权责发生制与收付实现制的区别.docVIP

外文原文： International Library of Critical Writings in Economics March 15th ,2004 The Difference Between Cash Basis And Accrual Accounting Anonymous Abstract: The implementation of two methods of accounting are accrual and cash basis. For a long time, accrual accounting information in ensuring the authenticity of a significant role, and its position in accounting has been recognized by the people. However, with the objective of economic development and changes in the environment, the decision-making needs of users of accounting information also appeared in a variety of features, how to choose accounting methods to record economic information on business, becomes particularly important. This article compares the two accounting principles to analyze the merits ofthe two, proposed to effectively integrate the two, reflecting the business information. Key words: cash basis; Accrual; Accounting principles Introduction：Keeping your financial records in order requires professional expertise, but theres nothing better than also knowing the basics of accounting so you can truly understand where you are situated as a business企业. If you are not an expert on this, it doesnt matter as long as you have a reliable team that can handle your requirements effectively. But to be able to understand what they make of your records is always a plus. Otherwise, you leave a lot of room for error which can get you in trouble with the law. To avoid this, you can begin by developing an appreciation of the two basic accounting methods being used universally - cash basis and accrual. The concepts of the two principles Accrual-basis accounting records financial events based on events that change your net worth (the amount owed to you minus the amount you owe others). Standard practice is to record and recognize revenues in the period in which they incur and to match them with related expenses in a process known as matching or expense matching. Even though cash is not received or paid in a credit tra