Assertion: accrual accounting | /r/HasProperty | the standard
Facets:
value: for most companies
type: LOCATION
value: for gaap accounting
type: OTHER
Source sentences:
text: Hence, accrual accounting is the standard for GAAP accounting.
text: Accrual basis accounting is the standard approach to recording transactions for all larger businesses.
text: Accrual accounting is considered to be the standard accounting practice for most companies, with the exception of very small businesses and individuals.
text: For most companies, other than very small business, accrual accounting is considered the standard accounting practice.