ARP Accounting and Financial Reporting in North Carolina
Death and Taxes
OCTOBER 21, 2022
Thus, eligibility requirements are met when an obligation is incurred no later than December 31, 2024, and the expenditure occurs no later than December 31, 2026. This blogpost focuses on asset, liability, revenue and expense/expenditure recognition guidelines for the various ways that ARP funds may be received, managed, and expended.
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