Thus, accrued liabilities also are called accrued expenses.
The main current liabilities are accounts payable and accrued expenses.
A good example of an accounts payable is a legal bill you have not paid. A good example of an accrued expense is employee benefits that you have not yet been billed for that you accrue for each month.
IFRS requires a detailed disclosure of the nature of each accrued expense and the nature of the changes to those accrued expenses.