GroundRules
NRS 354.550: “Modified accrual basis” defined.
Where this section sits in the code
- TITLE 31 — PUBLIC FINANCIAL ADMINISTRATION
- CHAPTER 354 - LOCAL FINANCIAL ADMINISTRATION
- BUDGETS OF LOCAL GOVERNMENTS
“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.
Collected 2026-09-03T05:51:37Z. Source file · JSON