§152.315. Reporting on accrual basis.
14 C.F.R. § 152.315
Except as provided in paragraph (b) of this section each sponsor or planning agency shall submit all financial reports on an accrual basis.
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.
Notes, amendments, and revision history
Source
Source: Docket 19430, 45 FR 34791, May 22, 1980, unless otherwise noted.
Authority
Authority: 49 U.S.C. 106(g), 47106, 47127.
Source
Source: Docket 19430, 45 FR 34784, May 22, 1980, unless otherwise noted.