Accrued expenses – English. Accrued Expense , accounting expenses that are recognized before they are actually paid. Usually these are current liabilities. Also, these expenses are usually recurring and are documented in the balance sheet of the company due to the high probability that they will be incurred.
Accrued expenses are the opposite of deferred expenses. Firms are almost constantly exposed to recurring expenses, such as salaries, interest on loans, and taxes. Even though they need to pay at some future date, they are usually reflected on the balance sheet of the company from the moment when the company can with great confidence expect their occurrence, and until that time, when they are paid.