Cash Accounting in the United States

Cash Accounting in the Federal Budget Process

Meaning of Cash Accounting in the congressional and executive budget processes (GAO source): A system of accounting in which revenues are recorded when cash is actually received and expenses are recorded when payment is made without regard to the accounting period in which the revenues were earned or costs were incurred. (See also Accrual Accounting; app. III.)

Accounts and Accounting in the Uniform Partnership Act (UPA)

In this area, the UPA covers the following topics:

• Partnership books: section 19 of the Uniform Partnership Act (1914)
• Right to Accounts: section 22 of the Uniform Partnership Act (1914)
• Winding up of business: section 807 of the Revised Uniform Partnership Act

Resources

See Also

• Federal Appropriations
• Entries about the United States Budget Process in the Encyclopedia (including Cash Accounting)
• 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)

Cash Accounting in the context of Real Estate

Resurces

See Also

• Accrual Accounting