Terms and Definitions
| accounting standards or principles - those conventions, rules, and procedures necessary to define acceptable accounting practice at a particular time. Accounting standards include broad guidelines of general application and may also include detailed practices and procedures. | (SOURCE - White House, OMB, Circular A-134) |
| accreditation - approval given to an organization for performing specific functions after it has met defined requirements. | (SOURCE - DHS, DHS Lexicon, Terms) |
| accreditation - The official management decision given by a senior agency official to authorize operation of an information system and to explicitly accept the risk to agency operations (including mission, functions, image, or reputation) or agency assets, based on the implementation of an agreed upon set of security controls. | (SOURCE - DOS/ USAID, FAH, 5 FAH 11) |
| accredited - currently certified by a nationally recognized accrediting agency or making satisfactory progress toward achieving accreditation. | (SOURCE - ED, US Code 20, §1067k.) |
| accrediting entity - an entity that has been designated by the Secretary to accredit agencies (including to temporarily accredit) and/ or to approve persons for purposes of providing adoption services in the United States in cases subject to the Convention. Also called AE. | (SOURCE - DOS/ USAID, FAM, 9 FAM 102.3-1 (U)) |
| accrual date - The date of the incident causing the loss or damage or when the loss or damage is or should have been discovered by the claimant through exercise of due diligence. | (SOURCE - DOS/ USAID, FAM, 14 FAM 643.3) |
| accrued annual leave - annual leave accruing to an officer during one leave year. | (SOURCE - DHHS, US Code 42, §210-1) |
| accrued expenditures - the charges incurred by the recipient during a given period requiring the provision of funds for: (1) goods and other tangible property received; (2) services performed by employees, contractors, sub-recipients, and other payees; and, (3) other amounts becoming owed under programs for which no current services or performance is required. | (SOURCE - White House, OMB, Circular A-110) |
| accrued income - the sum of: (1) earnings during a given period from (i) services performed by the recipient, and (ii) goods and other tangible property delivered to purchasers, and (2) amounts becoming owed to the recipient for which no current services or performance is required by the recipient. | (SOURCE - White House, OMB, Circular A-110) |
| accrued leave - Leave earned by an employee during the current leave year that is unused at any given time in that year. | (SOURCE - DOS/ USAID, FAH, 3 FAH-1 H-3311) |
| accrued liability - the excess of the present value, as of a particular valuation date of a pension plan, of the projected future benefit costs and administrative expenses for all plan participants and beneficiaries over the present value of future contributions for the normal cost of all applicable plan participants and beneficiaries. The Secretary of the Treasury may prescribe regulations to carry out this paragraph. | (SOURCE - DOL, US Code 29, §1002) |
| accumulated annual leave - unused accrued leave carried forward from one leave year into a succeeding leave year. | (SOURCE - DHHS, US Code 42, §210-1) |
| accumulated depreciation - The total depreciation recorded on an asset since its acquisition. | (SOURCE - DOS/ USAID, FAM, 14 FAM 411.4) |
| accumulated leave - The unused leave remaining to the credit of an employee at the beginning of a leave year. For purposes of lump-sum payment, accumulated leave means the regular carry over a balance from the previous leave year, and unused annual leave accrued during the then current leave year, plus any unused restored annual leave maintained in a special leave account. | (SOURCE - DOS/ USAID, FAH, 3 FAH-1 H-3311) |
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