appropriation account

(redirected from Appropriation Accounts)

Appropriation Account

An account for a government unit that is credited with the amount the legislature appropriates to that unit. The unit debits its appropriation account every time it spends money.

appropriation account

see PROFIT-AND-LOSS APPROPRIATION ACCOUNT.
References in periodicals archive ?
A review of the statement of comparison between the budget and actual amounts for the 2016/2017 financial year ended as drawn from the Appropriation Accounts revealed that the Development Vote D1071 registered a net expenditure of Sh25.18 billion compared to a budgeted provision of Sh36.10 billion thereby resulting to an under-expenditure of Sh10.92 billion or 30 per cent.
As per the notification, Senator Syed Shibli Faraz will examine the appropriation accounts of 2009-10 and audit report for 2010-11.
The irregularities were also committed in ministries and departments' appropriation accounts and there irregularities were also admitted by Sub-Committee of the Public Accounts Committee and directives were issued for recovery of the embezzled money.
Minister for Parliamentary Affairs presented audit report regarding appropriation accounts of Sindh Forest Department for the year, 2015-16.
An audit report on account of appropriation accounts of Sindh forest department for the year, 2015-16 was also laid in the house by the Minister Nisar Khuhro.
It was agreed that out of the Public Accounts Committee meetings, meaningful results on appropriation accounts of the provincial government are required to be focused.
The regulation explains how this determination is important for maintaining the integrity of appropriation accounts. It then lays out the basic distinctions between expense and investment costs, the policy and procedures for determining expenses versus investments.
A maximum of seven members can be nominated by the Rajya Sabha to this panel that looks into the finance and accounts of the government and scrutinises the Appropriation Accounts of the government and the report of the Comptroller and Auditor General.
He also emphasized that the Civil Accounts Organization plays an important role in this through the timely presentation of the Union Finance and Appropriation Accounts in Parliament and added that it is also responsible for the Internal Audit function in Civil Ministries and Departments.
These reports include: appropriation accounts of the Punjab Forest Department for 2005-06; audit reports of the accounts of the Punjab govt for 2006-07, 2007-08, 2008-09 and 2009-10; audit reports of the accounts of revenue receipts of the Punjab govt for 2007-08, 2008-09 and 2009-10; audit reports of the accounts of Punjab's civil works C&W, HUD & PHE, I&P, LG&CD, P&D and EP departments for 2007-08, 2008-09 and 2009-10; and audit reports of the accounts of the provincial govt's public-sector enterprises for 2006-07, 2007-08, 2008-09 and 2009-10.
Within the five appropriation accounts listed previously, IRS provides the total funding for each budget activity, but provides only descriptions of the program activities that comprise them.
In February testimony, the Secretary of the Army, the department facing the greatest need for war funding, testified that the timeframe for the Army "in which we can comfortably fund this [war funding] would be at the end of June, beginning of July." (21) Based on CRS calculations using DOD data, the Army, Navy and USMC could, if necessary, cover both its regular base activities and war operations through July 2010 based on war obligations to date and the current request, and even later if funds were temporarily transferred from other appropriation accounts using currently available authority.