Presented by Jim Weiland of Catholic Finance Corporation on February 8, 2023. Jim presented information on Accrual Accounting. Accrual Accounting is a generally accepted accounting principal (GAAP), which is a set of detailed accounting guidelines and standards meant to ensure organizations are reporting clear, complete, comparable, and consistent financial information. Learn how to implement Accrual Accounting at your parish to provide meaningful reports to parish leadership and parishioners.