N.J. Admin. Code § 8:31B-4.13
Current through Register Vol. 56, No. 11, June 3, 2024
In order to provide the necessary completeness, accuracy and meaningfulness in reporting data, the accrual basis of accounting is required. Accrual accounting is the recognizing and recording of the effects of transactions and other events on the assets and liabilities of the hospital entity in the time periods in which they apply rather than when cash is received or paid.
N.J. Admin. Code § 8:31B-4.13