See Also: Stigand(encyclopedia)
Accrual(finance)
Accrual basis(money)
Accrual rate(finance)
Accrual bond(finance)
Accrual Accounting(money)
Accrual basis(finance)
Accrual bond(money)
Accrual Accounting Convention(money)
Accrual accounting convention(finance)

Accrual Accounting (money) and Stigand (sh)


Accrual Accounting (money)


Definition: Most widely used accounting method in which a company's income and expenses are recorded at the time they earned or incurred, regardless of the actual date of receipt or payment. Accrual accounting iDefinition: s the preferred method over recording revenues and expenses on a cash basis.







Stigand (sh)




died Feb. 22, 1072

Archbishop of Canterbury (1052-70).

He mediated the peace between Edward the Confessor and Earl Godwine (1052) and was made archbishop of Canterbury when the Norman archbishop fled. He was not accepted until 1058, and then only by the antipope Benedict X, after whose deposition Stigand was excommunicated by Pope Nicholas II. Stigand's continuance in office was one of the reasons for papal support of the Norman Conquest (see William I) in 1066.