Stanley B. Prusiner

Concepts are vindicated by the constant accrual of data and independent verification of data. No prize, not even a Nobel Prize, can make something true that is not true.

American Scientist

Think of accrual as a gradual, ongoing process, not a single event.

Continuous growth

Accrual often implies a beneficial increase, like savings or experience.

Positive connotation

Understand that accrual requires time; it indicates building up slowly.

Time factor

In finance, accrual is specific to recognizing revenue or expenses before cash is exchanged.

Accounting specificity

Distinguish 'accrual' from 'cash basis' which records transactions when cash changes hands.

Accrual vs Cash

Accrual offers a more accurate picture of a company's financial health than simple cash tracking.

Reporting accuracy

In legal terms, 'accrual' refers to when something, like a right or obligation, starts to apply.

Legal enforceability

Identify the 'accrual' as the moment a legal claim can be made or action is possible.