Department of English & Foreign Languages. The Department of English shares a broad objective with other departments in the School of Humanities and Social Sciences: to teach the skills which will enable you to interpret, evaluate, and, in your own way, change your world.
In short, GAAP requires accrual accounting rather than cash accounting, because the accrual basis better fits the defined objectives of the Financial Accounting Standards Board (FASB). Accrual accounting requires companies to record transactions in the time period in which financial events occur.
1 A partial month's accrual is computed on the basis of the number of working days in the month. 2  No sick leave accrues for less than one day of service.  All eligible full-time faculty holding academic year appointments accrue sick leave at the rate of 15 days per academic year.