Accounts Receivable in the United States
Introduction to Accounts Receivable
The purpose of Accounts Receivable is to provide a broad appreciation of the Accounts Receivable legal topic. Select from the list of U.S. legal topics for information (other than Accounts Receivable).
Resources
Further Reading
- Information about Accounts Receivable in the Gale Encyclopedia of American Law.
Accounts Receivable in the Federal Budget Process
Meaning of Accounts Receivable in the congressional and executive budget processes (GAO source): Amounts due from others for goods furnished and services rendered. Such amounts include reimbursements earned and refunds receivable. This is a proprietary (or financial) accounting and not a budget term. Accounts receivable do not constitute budget authority against which an agency may incur an obligation. For federal proprietary accounting, accounts receivable are assets that arise from specifically identifiable, legally enforceable claims to cash or other assets through an entity’s established assessment processes or when goods or services are provided. (See also Accounts Payable; Proprietary Accounting; app. III.)
Resources
See Also
- Federal Appropriations
- Entries about the United States Budget Process in the Encyclopedia (including Accounts Receivable)
- Public Debt
Further Reading
- Legislatures and the budget process: the myth of fiscal control
(J Wehner, 2010)
- Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
- Fiscal institutions and fiscal performance
(JM Poterba, J von Hagen, 2008)