Accruals are revenue and costs that are not yet formally accounted for, I think ... | Hacker News

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		hardlianotion on March 6, 2023 \| parent \| context \| favorite \| on: Want an unfair advantage in your tech career? Cons... Accruals are revenue and costs that are not yet formally accounted for, I think (just looked it up). FY is financial year.

ghaff on March 6, 2023 [–]

Sorta. They've presumably been accounted for in some manner but revenue hasn't been collected or expenses paid out. (Doubtless lots of other things related to investment income etc.)

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