+ Cash vs Accrual Accounting: Decoding the Key Differences for Business Owners vatiz 2022.02.07 However, for the most accurate and updated accounting view of your financial health, accrual accounting might be the better choice. Might overstate the health of a company that is cash-rich but has large sums of accounts payables that far exceed the cash on the books and the company’s current revenue stream. If you sell services rather than goods, you might have the choice between the two methods.... Read More..