Shutdown 2024 Government Accounting. Some estimate these accounting maneuvers could push the default deadline to the summer of 2025. Accounting | december 21, 2024.

A shutdown means that all federal agencies must stop functions that are deemed “nonessential” until money is appropriated for the next fiscal. President joe biden signed a bill into law saturday that averts a government shutdown, bringing a final close to days of upheaval after congress approved a temporary.