Principles of Accounting: 03. Cash vs. Accrual Basis

Our Cash vs. Accrual Basis course identifies the two most common methods of accounting: cash basis and accrual basis. Through practical examples of each, you’ll examine their respective pros and cons and discover which system is the preferred accounting method in the United States.

Part of our Principles of Accounting series, this course includes a short video with audio narration, downloadable student materials and a brief quiz to test your knowledge. Take this course along with others in the series for a comprehensive look at accounting basics.

•  Identify the differences between cash and accrual basis methods
•  Confidently select the best method of accounting for your company