Measurable and Available Definition | Becker
Accounting Dictionary
Measurable and Available
Measurable and available is the basis of the current financial resources measurement focus. Revenue is recognized when measurable and available to finance the expenditures of the current period (generally within 60 days). See also current financial resources measurement focus and modified accrual basis of accounting.
Related Terms:
Current Financial Resources Measurement Focus [FARBAR]Modified Accrual Basis of Accounting [FARBAR]Back to Dictionary