2005 AGlossaryofTermsUsedintheFedera

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Account
A separate financial reporting unit for budget, management, and/or accounting purposes. All budgetary transactions are recorded in accounts, but not all accounts are budgetary in nature. Some accounts do not directly affect the budget but are used purely for accounting purposes. Budget accounts are used to record all transfers within the budget, whereas other accounts (such as deposit fund, credit financing, and foreign currency accounts) are used for accounting purposes connected with funds that are nonbudgetary in nature.


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 AuthorvolumeDate ValuetitletypejournaltitleUrldoinoteyear
2005 AGlossaryofTermsUsedintheFederaU.S. GAOA Glossary of Terms Usedin the Federal Budget Process2005