accounting period Definition in Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of "accounting period" - Business English Dictionary

accounting period

noun [C]
 
 
( also trading period)
ACCOUNTING a period of time at the end of which a company prepares a financial report, for example after three, six, or twelve months: At the end of the accounting period, the revenue accounts are totalled and the balance, positive or negative, transferred to the profit and loss account. The new rules will apply for accounting periods beginning on or after 1 January.
(Definition of accounting period from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of accounting period?
Add Cambridge dictionaries to your browser to your website
Word of the Day
like

to enjoy or approve of something or someone

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With America’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most important

Read More 

burger noun
burger noun
June 29, 2015
a menu on a computer screen comprising three short parallel horizontal lines which the user clicks to see options Definitely use a burger. You could put the settings in the burger menu too. Fix the settings to the bottom of the burger menu and use a vertically scrolling contact list that scrolls behind

Read More