14 CFR § 152.315 - Reporting on accrual basis.

---
identifier: "/us/cfr/t14/s152.315"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "14 CFR § 152.315 - Reporting on accrual basis."
title_number: 14
title_name: "Aeronautics and Space"
section_number: "152.315"
section_name: "Reporting on accrual basis."
chapter_name: "FEDERAL AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "I"
subchapter_name: "AIRPORTS"
part_number: "152"
part_name: "AIRPORT AID PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "49 U.S.C. 106(g), 47106, 47127."
regulatory_source: "Docket 19430, 45 FR 34784, May 22, 1980, unless otherwise noted."
cfr_part: "152"
---


# 152.315 Reporting on accrual basis.

(a) Except as provided in paragraph (b) of this section each sponsor or planning agency shall submit all financial reports on an accrual basis.

(b) If records are not maintained on an accrual basis by a sponsor or planning agency, reports may be based on an analysis of records or best estimates.