Cut Bank School District




Fund Accounting System


The accounts of the District are organized on the basis of funds, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for by providing a separate set of self-balancing accounts. The accounts of the District are maintained on the modified accrual basis of accounting.




Legal Reference: 20-9-201, MCA Definitions and application


Policy History:

Adopted on:

Revised on: