UNLIMITED FREE
ACCESS TO THE WORLD'S BEST IDEAS

SUBMIT
Already a GlobalSpec user? Log in.

This is embarrasing...

An error occurred while processing the form. Please try again in a few minutes.

Customize Your GlobalSpec Experience

Select Your Free Newsletters

Industry Newsletters

Select Your Free Product Alerts

Finish!
Privacy Policy

This is embarrasing...

An error occurred while processing the form. Please try again in a few minutes.

New! AI Engineering Assistant 
- Trained on our vast library of engineering resources.

NASA NPR 9060.1 REV B

Accrual Accounting - Revenues, Expenses, and Program Costs

active, Most Current
Publication Date: 24 April 2023
Status: active
Page Count: 27
scope:

Purpose

This NASA Procedural Requirements (NPR) document sets forth principles, requirements, and techniques for NASA accounting on an accrual basis, whereby financial transactions are recorded in the period of occurrence, even though related cash is disbursed or collected during another period. Use of the accrual method provides NASA management with financial data related to performance so that informed decisions may be made.

Applicability

a. This NPR is applicable to NASA Headquarters and NASA Centers, including Component Facilities and Technical and Service Support Centers.

b. In this directive, all mandatory actions (i.e., requirements) are denoted by statements containing the term "shall." The terms "may" denote a discretionary privilege or permission, "can" denotes statements of possibility or capability, "should" denotes a good practice and is recommended, but not required, "will" denotes expected outcome, and "are/is" denotes descriptive material.

c. In this directive, all document citations are assumed to be the latest version, unless otherwise noted.

Document History

NASA NPR 9060.1 REV B
April 24, 2023
Accrual Accounting - Revenues, Expenses, and Program Costs
Purpose This NASA Procedural Requirements (NPR) document sets forth principles, requirements, and techniques for NASA accounting on an accrual basis, whereby financial transactions are recorded in...

References

This document references:
NASA NPR 9090.1 REV C - Partnership Agreements – Financial Requirements and Administration
February 23, 2023
Purpose This National Aeronautics and Space Administration (NASA) Procedural Requirement (NPR) provides the financial management requirements for partnership agreements (agreements) where NASA is the...
This document references:
NASA NPR 9501.2 REV E W/CHG 4 - NASA Contractor Financial Management Reporting (Updated w/Change 4 09/14/2022)
May 27, 2011
Purpose a. This NASA Procedural Requirement (NPR) provides instructions and guidance for the implementation of NASA Policy Directive (NPD) 9501.1I, NASA Contractor Financial Management Reporting...
This document references:
NASA NPD 9501.1 REV I W/CHG 2 - NASA Contractor Financial Management Reporting System (Revalidated w/Change 2 - 3/12/2020)
October 27, 2010
Applicability a. The Chief Financial Officers Act of 1990, 31 U.S.C. 3515, Section 303(a). b. National Aeronautics and Space Act, 51 U.S.C. § 20113 (a). c. The Accounting and Auditing Act of 1950,...
This document references:
NASA NPD 9050.3 REV F W/CHG 2 - Administrative Control of Appropriations and Funds
November 16, 2007
APPLICABILITY a. This directive is applicable to NASA Headquarters and NASA Centers, including Component Facilities and Technical and Services Support Centers. b. In this directive, all mandatory...
This document references:
NASA NPD 9501.1 REV I W/CHG 2 - NASA Contractor Financial Management Reporting System (Revalidated w/Change 2 - 3/12/2020)
October 27, 2010
Applicability a. The Chief Financial Officers Act of 1990, 31 U.S.C. 3515, Section 303(a). b. National Aeronautics and Space Act, 51 U.S.C. § 20113 (a). c. The Accounting and Auditing Act of 1950,...
This document references:
NASA NPR 9050.3 W/CHG 2 - The Antideficiency Act (Revalidated w/change 2 February 20, 2020)
September 30, 2008
Purpose This NASA Procedural Requirements (NPR) provides the financial management requirements for the Antideficiency Act. Applicability This NPR is applicable to NASA Headquarters and NASA Centers,...
This document references:
NASA NPR 9090.1 REV C - Partnership Agreements – Financial Requirements and Administration
February 23, 2023
Purpose This National Aeronautics and Space Administration (NASA) Procedural Requirement (NPR) provides the financial management requirements for partnership agreements (agreements) where NASA is the...
This document references:
NASA NPR 9260.1 REV A W/CHG 2 - Liabilities (Revalidated with Change 2 April 19, 2023)
February 9, 2015
Purpose This National Aeronautics and Space Administration (NASA) Procedural Requirements (NPR) document provides the financial management requirements for handling the accounting for NASA financial...
This document references:
NASA NPR 9501.2 REV E W/CHG 4 - NASA Contractor Financial Management Reporting (Updated w/Change 4 09/14/2022)
May 27, 2011
Purpose a. This NASA Procedural Requirement (NPR) provides instructions and guidance for the implementation of NASA Policy Directive (NPD) 9501.1I, NASA Contractor Financial Management Reporting...
This document is referenced by:
NASA NPR 9620.1 REV A W/CHG 1 - Payroll (Updated w/Change 1 on August 29, 2023)
May 17, 2017
Purpose This NASA Procedural Requirements (NPR) document provides general principles, standards, policies, and procedures to ensure compliance with statutory and regulatory requirements for the pay,...
This document is referenced by:
NASA NPD 9250.1 REV A W/CHG 2 - Capital Asset Identification and Treatment
October 8, 2010
APPLICABILITY a. This NPD is applicable to NASA Headquarters and NASA Centers, including Component Facilities and Technical and Service Support Centers. This language applies to contractors, grant...
View Less
View All
Advertisement