Accrued Assets

Accrued Assets

The revenue a company earns over a period of time but has not collected by the end of a reporting period. For example, if a company makes $1 million in revenue but has not collected $250,000 before it must make its quarterly statement, it lists that amount as its accrued assets. Accrued assets are also called accrued revenue.
References in periodicals archive ?
As per charge sheet, the accused during his tenure in the Fishermen Cooperative Society accrued assets worth Rs 47.
Accused Sultan Qamar Siddiqui during his tenure in Fishermen Cooperative Society through corruption and corrupt practices accrued assets worth Rs.
The benefit figure is higher, which means the police can come back to them in the future if they're found to have accrued assets.
Conversely, a statement of position would not report: a) capital assets or long-term debt that arise from transactions or events involving the receipt or disbursement of cash or cash equivalents; b) deferred outflows of resources or deferred inflows of resources; c) prepaid items; d) supplies inventories; e) accrued assets and accrued liabilities; or f) other assets or liabilities that do not arise in connection with transactions or events involving the receipt or disbursement of cash or cash equivalents.
Of course, he knows that we fundamentally disagree with his economic strategy but we cannot for the earth of us understand why the already accrued assets of the regional development agency should be stolen.
As I am English, white in colour, conscientious, having accrued assets, I wouldn't stand much of a chance now under current EU rules.
Celia Barlow (Lab, Hove) accused the RCA of standing to make million of pounds at the expense of the accrued assets of the very people who, arguably, were their most regular and longstanding customers.
Schwartz added, "From a financial point of view, we have no accrued assets or liabilities with respect to this matter on our financial statements.