14 CFR 152.315

§ 152.315 Reporting on accrual basis.

United States · 14 CFR — Aeronautics and Space · Status: effective

Cite this

Citation: 14 CFR 152.315, § 152.315 Reporting on accrual basis, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/57908
Permanent ID: ys:prov:57908@1
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Full text

(a) Except as provided in paragraph (b) of this section each sponsor or planning agency shall submit all financial reports on an accrual basis. (b) If records are not maintained on an accrual basis by a sponsor or planning agency, reports may be based on an analysis of records or best estimates.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.