US · guidance
CMS Pub. 100-11, ch. 15, § 70.2
Accrual Accounting
A PACE organization must maintain an accrual accounting recordkeeping system that
does the following:
• Accurately documents all financial transactions;
• Provides an audit trial to source documents;
• Generates financial statements.
[42 CFR § 460.204(b)]
History
(Rev. 2, Issued: 06-09-11; Effective: 06-03-11; Implementation: 06-03-11)
Provenance
- Source
- cms.gov
- Retrieved
- 2026-08-25
- Edition
- iom-2026-08-25
- Content hash
2c0b7600728998c62187db2391cfa3a1a06f738f291083aec093bb6fff1cd25f
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