Accounting period: the period of time, typically a year, over which an organisation records revenues and expenses, cash flows and changes in assets and liabilities. the period covered by the financial statements. At the period end the final accounts are drawn up and can be compared with the previous period. The business should keep the same accounting period to ensure consistency.
More Post
-
Describe on Phyllotaxy
-
What are the Management’s Discussion and Analysis?
-
Toyota’s Latest EV Concepts Include Sports Cars and a Pickup
-
Scientists Have Discovered the Phantom of an Ancient Mega-Plate that Vanished 20 Million Years Ago
-
Describe Properties of Potassium Dichromate
-
Resonance Explanation with Characteristics
Latest Post
-
Top QS World University Rankings 2024
-
Nano-oscillator Achieves Record Quality Factor
-
Not Only Do Opposites Attract: A New Study Demonstrates That Like-Charged Particles Can Come Together
-
A Breakthrough in Single-photon Integration Shows Promise for Quantum Computing and Cryptography
-
Could the Sun be Conscious? Enter the Unorthodox World of Panpsychism
-
The Brains of Conspiracy Theorists Are Different: Here’s How