"Accruals" and "cash" are often portrayed as opposing end-points on a spectrum of possible bases for accounting and budgeting.
The use of full accrual accounting is widespread in OECD countries, whereas most countries apply full cash budgeting or apply accruals to only a limited number of transactions in the budget.
The OECD Working Party of Senior Budget Officials has created a network to discuss the topic of accruals, among others. The Network on Financial Management meets regularly. Click here for agendas and presentations from previous meetings.
For more information, please contact Jón R. Blöndal, Head of Division.