Abstract:

Under the conditions of accrual accounting’s application, the calculated (non-monetary) revenue and expenditure impact on the outcome of the current financial year, but also on future years. The classical cases of simultaneous recognition of expenditure and revenue generated by the transactions and events carried out during a financial year shall also be accompanied by atypical cases, where non-monetary expenditure and revenues arise, which produce distortions between the financial result and the company's treasury, because the expenditure is recognized by an accounting officer in one year, and the corresponding income is recognized in future years.