N.Y. Comp. Codes R. & Regs. tit. 10 § 441.8

Current through Register Vol. 46, No. 53, December 31, 2024

Section 441.8 - Accrual

(a) The recognition of events and conditions as they occur, rather than in the period of their receipt, or payment.

(b) The partial recognition of an item of revenue or expense and its related assets or liability resulting from the lack of coincidence of the reporting period and the contractual or benefit period.

(c) An amount accrued.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.8