§ 2-486. Basis of accounting.  


Latest version.
  • (a)

    The county shall use the modified accrual basis of accounting for all governmental fund types at the fund level. The county shall use the accrual method for all proprietary or fiduciary funds at the fund level.

    (b)

    At the entity-wide level the county shall aggregate the governmental fund information and report using the accrual basis of accounting.

(Code 2002, § 1-9-1)