Finance Glossary of Accounting and Budgeting Terms
For definitions of terms unique to a specific program area, please refer to the individual budget presentation. Certain terms may be interpreted ...
Budget and Accounting Glossary
Budget - A plan of financial operation embodying an estimate of proposed expenditures for a given period or purpose and the proposed means of financing them.
Glossary of budget terms | Office of Financial Management - WA.gov
An agency's plan of estimated expenditures, revenues, cash disbursements, and cash receipts for each month of the biennium.
Accounting and Budget Terminology - Finance and Administration
There are three different categories of current funds used by The University of Tennessee System: Current Fund, Revenue Sources, Tuition and Fees.
General Accounting and Budget Terminology
These appropriation items are limited to one year, unless otherwise. Page 2. Glossary of Selected Governmental Accounting and Financial Terminology. Page 2.
Accounting Terminology Guide - The New York State Society of CPAs
The sequence of steps followed in the accounting process to measure business transactions and transform the measurements into FINANCIAL STATEMENTS for a ...
The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds. Each share represents an investor's part ownership in ...
Glossary of Business and Financial Terms
A ten-digit number assigned to an account and used for recording accounting transactions. The first two digits indicate account group.
Glossary of Budget Terms - NYC.gov
BUDGET: A financial plan for the City and its agencies, setting forth ... accounting fund class, unit of appropriation, responsibility center, control ...
Key Terms and Definitions - Finance and Treasury
An approved plan to spend a certain amount of money in a given fiscal year or project period. The budget sets the spendable balance on centrally managed and ...
GLOSSARY OF GOVERNMENTAL BUDGETING AND ...
DEFINITIONS. Accounting Period: A period at the end of which and for which financial statements are prepared. Accounting Procedure: A group of closely related ...
Accounting Glossary - Oregon.gov
Tangible LONG TERM ASSETS used in the continuing operation of a business that are unlikely to change for a long time. Forecast. Prospective FINANCIAL STATEMENTS ...
The basic and official accounting record of all financial transactions recorded under each revenue, expenditure and balance sheet account.
Budget Terminology | Budget & Finance - UMass Dartmouth
Financial plan of an entity. Budget Balance. The remainder of funds available after expenses and encumbrances have been recorded. Budget Journal ...
Glossary | Budget Office - CSUSM
Current year - A term used in budgeting and accounting to designate the operations of the present fiscal year in contrast to past or future periods.
Financial Terminology | Citizen's Guide - Division of the Budget
Authorizes expenditures from appropriated funds for specified purposes, activities or objects. It is used as a control device for appropriated funds (e.g., ...
... budget process and for long-term financial plans. Expenses: amount ... Fund Accounting: type of accounting that government and non ...
Glossary of Terms | Research and Sponsored Programs Accounting
A budget revision is the procedure for reallocation of budgeted funds among different expense categories. Budget revisions for grants and contracts must be ...
Finance And Budget Glossary - Miami Gardens, FL
Also called a Term. Bond. B.A.N. – See Bond Anticipation Note. Basis of Accounting - A term used to refer to when revenues, expenditures, expenses, and ...
Glossary of Budget Terms - Boston.gov
Revenues are recognized when they become both measurable and available to finance expenditures of the current period. Expenditures are ...