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CMS Pub. 100-16, ch. mc86c18a, § 90.1

Accrual Basis of Accounting

activein force · 2026-08-25 – presentas-observed

Under the accrual basis of accounting, revenue is recorded in the period when it is

earned, regardless of when it is collected, and expenditures for expense and asset items

are recorded in the period in which they are incurred, regardless of when they are paid.

History

(Rev. 30, 09-05-03)

Provenance

Source
cms.gov
Retrieved
2026-08-25
Edition
iom-2026-08-25
Content hash
e11d2b9d41c72bdfa983b888684d0cba7c9c5744929fc591f6aee42511b344b1
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CMS Pub. 100-16, ch. mc86c18a, § 90.1 — Accrual Basis… · binding.law