What is GOVERNMENT ACCOUNTING?

Non-commercial accounting. Assets are constrained to legal purposes. Accounts partition into budgets and encumbrances. Called public finance accounting in the UK.

More On This Topic
  1. Legal Aid: Free And Low-Cost Help When You Need It
  2. Marijuana: Recreational, Grow, & Medical Laws By State 2020
  3. Nepotism, Cronyism, & Favoritism: Illegal Or Unethical?
  4. How To Calculate 263A
  5. How to Get a Job in Legal Office Management and Administration
  6. What Is Police Brutality?
  7. Breach Of Contract: What It Is, Types, Examples, & Resolving Them
  8. How To Avoid Probate
  9. Types of License Classes
  10. Five Facts Every Whistleblower Should Know About Qui Tam Cases

Related Legal Terms
GOVERNMENT ACCOUNTING STANDARDS BOARD (GASB), ENVIRONMENTAL ACCOUNTING, FINANCIAL ACCOUNTING STANDARDS BOARD (FASB), REPLACEMENT COST ACCOUNTING, GENERALLY RECOGNIZED ACCOUNTING PRACTICE (GRAP), INTERNATIONAL ACCOUNTING STANDARDS (IAS), ACCOUNTING CYCLE, CHANGE IN ACCOUNTING METHOD, PUBLIC ACCOUNTING, CONSTANT VALUE ACCOUNTING


Link to This Definition
Did you find this definition of GOVERNMENT ACCOUNTING helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary