N.J. Admin. Code § 8:31B-4.23
Current through Register Vol. 56, No. 24, December 18, 2024
All pledges, less a provision for amounts estimated to be uncollectable, are to be included in the hospital's financial reports. If unrestricted they are to be reported as non-operating revenue in the Unrestricted Fund in the period the pledge is made. If part of the pledge is to be applied during some future period, that part is to be reported in the period the pledge is received as deferred revenue. If restricted, they are to be reported as an addition to the appropriate restricted fund balance. See AICPA, Hospital Audit Guide available at www.AICPA.org, American Institute of Certified Public Accountants, 1211 Avenue of the Americas, New York, NY 10036.
N.J. Admin. Code § 8:31B-4.23
See: 37 New Jersey Register 2165(a), 38 New Jersey Register 667(a).
Removed footnoted material and placed it into body of rule text.