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Glenn Hegar  ·  Texas Comptroller of Public Accounts

Reporting Requirements for Annual Financial Reports of State Agencies and Universities

General Accounting

Governmental Reporting Overview
Cash Basis of Accounting

The cash basis, used by the state of Texas for budgetary purposes, recognizes transactions when they affect cash. Under the cash basis of accounting, for example, revenues are only recognized at the time cash is collected.
Glenn Hegar
Texas Comptroller of Public Accounts
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