返回列表 发帖

Equities : Markets and Instruments - Cash basis

what does "cash basis" mean?

that it is settled within couple of days (usually 3 days) vs. forward markets

TOP

anyone? it's referred to in the EOC questions...

TOP

It means when financial statements are prepared using cash as the basis (revenues and expenses are recognized when cash is actually received and paid out). It is an accounting method as opposed to the accrual method of accounting.

TOP

返回列表