Discussion Post
The practice of reporting financial information as a function in today's operation of a medical practice is particularly important due to intense demands for fiscal acuity. Therefore, it's important to understand the difference between cash and accrual accounting.
What is the difference between cash-basis accounting and accrual accounting? Why select one and not the other? How does each method affect the financial statements?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.