Accounting period

Accounting period

The length of time between the financial reports produced by an organization. If the reports are for internal use the period is usually either a week or a month; for external information it is usually a year.

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Part of Speech: noun
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Blossary:
Industry/Domain: Business administration
Category: Financial management
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Related terms

accounting period

Banking; Mergers & acquisitions

The time period reflected by a set of financial statements, or the 12-month period a taxpayer uses to determine his or her income tax.

accounting period

Accounting; Payroll

accounting period, is period where budget of a company is prepared in books, and book keeping.

accounting period

Software; Operating systems

A division of a fiscal year that is reflected on financial statements.

accounting period

Business administration; Business management

The length of time between the financial reports produced by an organization. If the reports are for internal use the period is usually either a week or a month; for external ...

accounting period

Accounting; General accounting

Time period for which financial statements are prepared (e.g. month, quarter, year).

accounting period

Business administration; Financial management

The length of time between the financial reports produced by an organization. If the reports are for internal use the period is usually either a week or a month; for external ...

cash flow

Business administration; Financial management

Cash flow is the movement of money in and out of a company. When more cash comes in than going out, it is said the company's operations are cash flow positive. A negative cash ...

K

Business administration; Financial management

A common abbreviation for one thousand, derived from the French ‘kilo’. It is used especially of money; for example, $50K = $50,000.

golden handcuffs

Business administration; Financial management

A financial inducement to an employee to stay, which is so favourable that he or she would find it difficult to leave the organization.

creative accounting

Business administration; Financial management

A form of accounting in which the presentation of financial data is manipulated to the advantage of an organization in any way possible within the law (or not, as the case may ...

indirect taxation

Business administration; Financial management

A form of taxation which is not paid directly to the government, as in direct taxation, but added to the cost of goods and services; for example, Value Added Tax or the tax on ...

shadow price

Business administration; Financial management

A guess or best estimate of the price of a product in the absence of a market in that product which can actually provide one. See also opportunity cost.