Accrual Basis in the United States

Accrual Basis in the Federal Budget Process

Meaning of Accrual Basis in the congressional and executive budget processes (GAO source): The basis whereby transactions and events are recognized when they occur, regardless of when cash is received or paid. (See also Accrual Accounting.)

Resources

See Also

• Federal Appropriations
• Entries about the United States Budget Process in the Encyclopedia (including Accrual Basis)
• 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)