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  2. Matching principle - Wikipedia

    en.wikipedia.org/wiki/Matching_principle

    In accrual accounting, the matching principle dictates that an expense should be reported in the same period as the corresponding revenue is earned. The revenue recognition principle states that revenues should be recorded in the period in which they are earned, regardless of when the cash is transferred. By recognising costs in the period they ...

  3. Revenue recognition - Wikipedia

    en.wikipedia.org/wiki/Revenue_recognition

    In accounting, the revenue recognition principle states that revenues are earned and recognized when they are realized or realizable, no matter when cash is received. It is a cornerstone of accrual accounting together with the matching principle. Together, they determine the accounting period in which revenues and expenses are recognized. [1]

  4. Generally Accepted Accounting Principles (United States)

    en.wikipedia.org/wiki/Generally_Accepted...

    Generally Accepted Accounting Principles (GAAP) [a] is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC), [1] and is the default accounting standard used by companies based in the United States.

  5. Basis of accounting - Wikipedia

    en.wikipedia.org/wiki/Basis_of_accounting

    For financial accounting purposes, accrual accounting generally follows the principle that revenue cannot be recognized until it is earned, even if payment has been received in advance. [7] The specifics of accrual accounting can vary across jurisdictions, though the overarching principle of recognizing revenue and expenses when they are earned ...

  6. 36-Year-Old Mother Begged Medical Staff to 'Not Let Me Die ...

    www.aol.com/lifestyle/36-old-mother-begged...

    Laura-Jane Seaman, 36, died after ‘multiple missed opportunities’ to treat a peritoneal hemorrhage, according to the coroner's report

  7. Man Charged with Fatally Shooting Son After Accusing ... - AOL

    www.aol.com/man-charged-fatally-shooting-son...

    A Utah man is said to have killed his son following an argument on Christmas Eve, in which he accused him and his fiancée of "withholding information" about his wife’s alleged affair.

  8. 5 Economic Changes That Could Be Coming When Trump Takes ...

    www.aol.com/finance/5-economic-changes-could...

    Financial experts are weighing in on potential economic shifts as the presidential transition approaches. Of course, nobody knows for sure what's coming, but experts have predictions as to how...

  9. Matching - Wikipedia

    en.wikipedia.org/wiki/Matching

    Matching funds, funds set to be paid in equal amount to funds available from other sources; Matching principle, an accounting method; Matching theory (economics), the assigning of job candidates to vacancies; Matching corresponding trades, the basic operation for clearing (finance) Employer matching program in the United States