4 ms·
Accruals are revenue and costs that are not yet formally accounted for, I think (just looked it up). FY is financial year.
by hardlianotion 4y ago
Accruals are revenue and costs that are not yet formally accounted for, I think (just looked it up). FY is financial year.
- ghaff 4y agoSorta. They've presumably been accounted for in some manner but revenue hasn't been collected or expenses paid out. (Doubtless lots of other things related to investment income etc.)