Cash basis and accrual basis with 10 financial services companies listed in Kuwait Stock Exchange
IFRS NOT US GAAP
Outline:
Introduction:
– benefits of the two accounting models: cash basis and accrual basis
Part 1:
-Difference between cash and accrual basis
-by comparing *10 financial services* companies In the Kuwait Stock Market
Part 2:
-Benefits of replacing cash basis with accrual basis
– Current transition to accrual
Conclusion:
-Opinion about the two cash basis
-what company applied it better
The companies chosen must be listed on the stock exchange of Kuwait (Boursa).
The sources should be familiar in the accounting sector.
The journals and research studies can be accessed online and from official sites.