Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin - Tribal Law

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To contact the Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin, visit the tribal court's website.

Lac Courte Oreilles Tribal Code of Law.

PAP.10.3.040 Basis for Accounting

All governmental funds must be accounted for using the modified accrual basis of accounting, under which revenues are recognized when they become measurable and available, and expenditures are recognized when the related fund liability is incurred. All proprietary funds must be accounted for using the accrual basis of accounting, under which revenues are recognized when earned, and their expenses are recognized when incurred.

Original url: https://law.lco-nsn.gov/us/nsn/lco/council/code/PAP.10.3.040

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