N.H. Admin. Code § Rev 1101.06

Current through Register No. 50, December 12, 2024

Section Rev 1101.06 - Basis of Accounting

"Basis of accounting" means when revenues, expenditures, expenses, transfers, and the related assets and liabilities are:

(a) Recognized in the accounts; and

(b) Reported in the financial statements.

N.H. Admin. Code § Rev 1101.06

#5072, eff 2-21-91, EXPIRED 2-21-97

New. #6476, eff 3-26-97; ss and moved by #8306, eff 3-22-05 (from Rev 1101.05 ); ss by #10304, eff 3-22-13