Nevada Administrative Code
Chapter 387 - Financial Support of School System
CHARTER SCHOOL AND UNIVERSITY SCHOOL FOR PROFOUNDLY GIFTED PUPILS BUDGET AND FINANCE REGULATIONS
Section 387.670 - "Modified accrual basis" defined
Universal Citation: NV Admin Code 387.670
Current through December 12, 2024
"Modified accrual basis" means the basis of accounting under which expenditures other than accrued interest on general long-term debt are recorded at the time liabilities are incurred and revenues are recorded when they become measurable and available to finance expenditures of the fiscal period.
Added to NAC by Bd. of Education by R026-09, eff. 10-27-2009
NRS 386.540, 392A.060
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