what are the basis of assesment and what is meant by the accrual basis

This topic has 1 reply, 2 voices, and was last updated 9 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
February 25, 2017 at 7:15 am #374086
Jean96
Member
- Topics: 77
- Replies: 67
could u list me the different basis of assesment and explain the accrual basis
February 25, 2017 at 1:47 pm #374161
Tax Tutor
Member
- Topics: 2
- Replies: 3960
The basis of assessment for each source of income is given in the notes and the accruals basis is a fundamental concept that you must have learned to pass any basic accounting exam – it is a fundamental accounting concept not a new tax rule.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.