oblo Posted September 19, 2005 at 04:31 PM Report Share Posted September 19, 2005 at 04:31 PM Anyone can find a sense for this word? 权责发生制 Thanks, r. Quote Link to comment Share on other sites More sharing options...
oblo Posted September 21, 2005 at 04:53 PM Author Report Share Posted September 21, 2005 at 04:53 PM At last I got it. It means: "accrual system". Quote Link to comment Share on other sites More sharing options...
xiaomawang Posted September 22, 2005 at 12:57 AM Report Share Posted September 22, 2005 at 12:57 AM Really? I'm not dare to give answer because it's technical term. However, to me it seems like a kind of 'balancing system' rather than 'accural system'. 权(right)责(responsibility)发生(happen / appear / stimulate)制 Quote Link to comment Share on other sites More sharing options...
roddy Posted September 22, 2005 at 01:38 AM Report Share Posted September 22, 2005 at 01:38 AM The accounting basis that brings items to account as they are earned or incurred (and not as cash received or paid) and includes them in financial statements in the related accounting period.www.finance.gov.au/pubs/AnnualReport99-00/gloss.htm Kind of makes sense - you are recording your rights (to receive payment) and responsibilities (to make payment) as they happen. Quote Link to comment Share on other sites More sharing options...
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