Accrual Accounting Marketing Operations 
Strategy Driven
DECEMBER 14, 2023
Professionals working with construction businesses have also mastered accrual accounting, which differs from cash accounting in that it records income when the company earns it rather than when it receives payment for the work. Construction bookkeeping is much more complex than traditional general accounting.
Harvard Business Review
AUGUST 24, 2017
We attempted to account for factors such as this in order to isolate the impact of a CEO with a law degree. One measure we used was current accruals, where managers accelerate recognition of revenues and delay recognition of expenses. Lawyers were much less aggressive in accrual accounting relative to industry levels.
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